02-23-2015 Council Packet - Laserfiche WebLink

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, COU�CIL M�ET1N� REQUEST FOR COUNCIL ACTION FEB 2 3 2015 C1TY OF C�R0�10 DATE: February 23, 2015 ITEM NO: � / Department Approval:� Administrator Reviewed: Agenda Section: Name Ron Olson (� City Administrator's Title Finance Direc�r Report Item Description: 20]4 General Fund Budget Amendments At the February 9`h council meeting, staff presented the preliminary General Fund budget results. The comparison to budget was favorable with total expenditures coming in under budget and revenues exceeding budget. A copy of the staff inemo from the meeting is included for your reference. The City's budgetary control is set at the department level. As a result, any department that is over budget for the year is required to have its budget adjusted. Four departments did exceed their budgets for the year and require budget amendments. With the exception of the Parks department, these overages are offset by overages in related revenue accounts. The budget increases will be offset by a budget reduction in the Police Department. The overall General Fund expenditure budget is not being increased with expenditures at 97.97%of the budget. Approved Final Amended Department Budget Amendment Bud�et Building and Zoning $ 140,000 7,400 $ 147,400 Parks 68,227 2,350 70,577 Golf 159,585 830 160,415 Special Services 64,160 103,170 167,330 Police 3,886,580 (113,750) 3,772,830 Total General Fund $6,669,430 0.00 $6,669,430 COUNCIL ACTION REQUESTED: Approval of the 2014 General Fund Budget Amendments as presented.