05-23-1994 Council Packet - Laserfiche WebLink

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1993 INTERFUND TRANSFERS AND BUDGET AMENDMENTS May 20, 1994 page 2 The Fire protection budget increases arc for the Maple Plain ($7,850), Mound ($4,450), and Wayzata ($3,400) service areas. The Maple Plain adjustment is for the 1992 service year billed December 1993 which was $5,938 over the 1992 budget. The billing for 1992 is essentially equal to the amount budgeted for 1993, so we have increased the 1993 budget by $2,000 to compensate for the increase. I will be in contact with the Maple Plain fire chief to see what can be done to expedite the billing in the future. The Engineering consulting budget increase of $6,700 is due to increased use of the Engineer for projects such as developing a municipal state said street reconstruction plan and protecting the city’s interest in relation to the ponding area needed for the Highway 12/Willow safety improvements. The Street Department budget increase of 56,810 is essentially to fund higher than normal maintenance and repair costs for the automotive equipment and miscellaneous equipment. The Parks Department budget increase of $4,690 is for additional maintenance supplies and maintenance of building and grounds. The Special Services/Consultants increase of $13,300 is for higher than anticipated legal and engineering services related to land use applications. The additional amounts for this department do not "cost" the City as they are recovered through billings to the various applicants. All of the individual department budget increases except $2,750 ot Special Legal Services, are covered by funds in the Special Projects/Contingency budget. As stated previously the total General Fund budget is unchanged by the budget amendments requested. BUILDING OUTLAY FUND & PUBLIC FACILITIES CONSTRUCTION FUND The Building Outlav Fund is the fund set up to provide funding for the new city facilities. The Public FacilUies Construction Fund is the fund in which all expenditures related to the new city facilities have been accounted. The sources of revenue for this fund were to be the city facilities bonds, transfers from the Building Outlay Fund, and proceeds from the sale of the sewer plant property. A transfer needs to be made from the Building Outlay Fund to the Public Facilities Construction Fund in the amount of $314,351 as reimbursement for costs to be offset by the proceeds from the sale of the sewer plant property (deposited in the Building Outlay Fund). In addition there •vere previously made cash advances of $286,576.80 from the Building Outlay Fund to the Public Facilities Construction Fund during 1991 for expenditures incurred through 1991 prior