HomeMy WebLinkAbout18-037 Budget Amendments
4646 Dakota Street SE
Prior Lake, MN 55372
RESOLUTION 18-037
A RESOLUTION APPROVING AMENDMENTS TO THE 2017 AND 2018 BUDGETS FOR PROJECT
EXPENDITURES CARRIED FORWARD FROM 2017
Motion By: McGuire Second By: Braid
WHEREAS, The 2017 and 2018 budgets were adopted on December 12, 2016 and December 04, 2017,
respectively; and
WHEREAS, The 2018 budgets do not reflect the expenditures associated with the Fire Department
firefighter turnout gear, Sandpoint Park fishing pier reconstruction, replacement of the library
roof, the water and sewer plans for the comprehensive plan update, and the construction
expenditure and related grant revenue for the Sand Point Beach Park pond project.
WHEREAS, The products were not purchased or the work for each of these projects not completed in 2017
but will be in 2018.
NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE,
MINNESOTA as follows:
1. The recitals set forth above are incorporated herein.
2. The 2018 Budgets are amended to reflect the funding of $357,968 associated with the 2017 projects.
3. The 2018 budgets are amended for the remaining work to be completed in 2018.
4. Funding will be provided by the respective Fund reserves.
Fund 2018 Budget
Amendment
General Fund $15,000
Revolving Park Equipment
Fund 66,000
Facilities Management Fund 79,960
Water Fund 1,273
Stormwater Fund
(net impact) 166,450
Sewer Fund 29,275
Totals $357,968
2
PASSED AND ADOPTED THIS 19th DAY OF MARCH 2018
VOTE Briggs McGuire Thompson Braid Burkart
Aye ☒ ☒ ☒ ☒ ☐
Nay ☐ ☐ ☐ ☐ ☐
Absent ☐ ☐ ☐ ☐ ☒
Abstain ☐ ☐ ☐ ☐ ☐
______________________________
Frank Boyles, City Manager