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HomeMy WebLinkAbout20070205 - VI-09MEMO VI-9 TO: Honorable Mayor and City Council members FROM: Charlene Stark, Finance Director RE: 2006-2007 Budget adjustment and capital roll over budget adjustments DATE: January 30, 2007 .~•:-.NS,t -- Included with this memo you will find a list of projects and capital equipment that was approved in the 2006 budget but have not been purchased or completed by December 31, 2006. The departments request to rollover the 2006 budget balance to the 2007 budget in order to fund the projects and or equipment. $1,523.87 additional insurance money has been received by the Trac department for further repairs needed on the bus due to the accident late last year. A budget adjustment for the amount of the insurance check is requested. If you should have questions regarding this information, please feel free to contact me. Council Action Reauested Approve the 2006-2007 Budget adjustments and rollovers. City of Hastings 2006 Capital Items to be Carried over to 2007 Budget adj. amount to be Total carried over to Department Project/Equipment/Services 06 Budget 07 Budget Fund Finance Expert &Consultant-Actuary Services 15,000.00 11,000.00 101 Fire Rescue Boat 50,000.00 50,000.00 403 Equipment-No Smoke 9,500.00 9,500.00 213 Heritage Preservation National Park Service Grant dollars 9,647.00 210 IT Dakota County Fiber project 99,841.00 99,841.00 101 38,159.00 101 Expert & Consultant-IT 5,041.00 4,800.00 101 Le Duc Mansion Window replacement 7,000.00 5,891.00 220 Maintenance Roof at Fire Department 100,000.00 100,000.00 403 IT/Finance Reorganization Project 90,000.00 42,500.00 101 City Storage-(UBC) project 300,000.00 300,000.00 600 Rewire Police station for generator 15,000.00 10,000.00 101 Parks River wood Park 10,000.00 7,400.00 401 Lake Isabel 100,000.00 48,990.00 401 Lions Park warming house 130,000.00 130,200.00 401 Dock-Mississippi 100,000.00 92,000.00 401 Road Side Tennis Courts 6,500.00 5,100.00 401 Vets Athletic Fields 40,000.00 16,062.00 401 Irrigation-pioneer 10,000.00 10,000.00 401 Vermillion Falls 20,000.00 9,998.00 401 Police Video recording equipment 10,650.00 7,000.00 101 Planning Expert & Consultant-Comp plan 35,000.00 35,000.00 101 Safety-Building Inspections Computer 9,925.00 9,000.00 101 TOTAL 1,163,457.00 1,052,088.00