HomeMy WebLinkAboutItem K AGENDA REPORT
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DATE: January 14, 2002 lrP
TO: Honorable Mayor and City Council
THRU: John B. Bahorski, City Manager
FROM: Pamela Arends-King, Director of Administrative Services/Treasurer
SUBJECT: Budget Amendments
SUMMARY OF REQUEST:
Staff requests City Council approve the following budget amendment for consultant fees
for the City Corporate Yard Correction Action Plan.
BACKGROUND:
Services for consultant fees budgeted in the prior fiscal year for the City Corporate Yard
Correction Action Plan performed in the prior fiscal year were not invoiced until
December 5, 2001. Therefore the invoice was not paid until the current fiscal year.
FISCAL IMPACT:
The total proposed budget amendment is $2,506. The amendment will be covered by
undesignated fund balance. The current undesignated fund balance is $3,078,114. The
proposed budget amendments will decrease undesignated fund balance by $2,506 to
$3,075,608.
11 RECOMMENDATION:
Staff recommends City Council approve a resolution amending the budget for the prior
year expenditure.
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amela Arends-King
DirectlEAf• ' dministrative Services/Treasurer
Jo T' :. : . , ski
•F'y Manager �j
Agenda Item /1