HomeMy WebLinkAbout20-042 Approving Amendments to the 2020 Budgets for Project Expenditures Carried Forward from 2019
4646 Dakota Street SE
Prior Lake, MN 55372
RESOLUTION 20-042
ADOPT A RESOLUTION APPROVING AMENDMENT TO THE 2020 BUDGETS
Motion By: Thompson Second By: Braid
WHEREAS, The 2019 and 2020 budgets were adopted on December 03, 2081 and
December 02, 2019, respectively; and
WHEREAS, The budgets do not reflect the expenditures for Finance professional services,
IT consultant, Police equipment, Parks trail sealcoating, health insurance
reserve, Public Works reorganization and infrastructure management software,
trail replacement, emergency siren replacement, City Hall boiler replacement
and the 2020 portion of the utility billing system replacement; and
WHEREAS, The products were not purchased or the work for each of these projects was not
completed in 2019 but will be in 2020.
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. A 2019 health reserve accrual of $43,410 and related 2019 budget amendment is
authorized.
Fund- Expenditures 2019 Budget
Amendment
General Fund
35,224
Water Fund 2,984
Water Quality 1,380
Sewer Fund 3,552
Totals $43,140
3. The 2020 Budgets are amended to reflect the expenditures of $752.205 authorized in 2019
that will be completed in 2020. Funding will be provided by the respective Fund reserves.
Fund- Expenditures 2020 Budget
Amendment
General Fund
123,462
Revolving Park Equipment Fund 196,000
Equipment Replacement Fund 260,183
Facilities Management Fund 120,000
Water Fund 26,280
M:\City Clerk\CITY COUNCIL\Resolutions\2020\20-042 Approving Amendments to the 2020 Budgets for Project Expenditures Carried Forward from 2019.docx
2
Sewer Fund 26,280
Totals $752,205
Passed and adopted by the Prior Lake City Council this 16th day of March 2020.
VOTE Briggs Thompson Burkart Braid Erickson
Aye ☒ ☒ ☒ ☒ ☒
Nay ☐ ☐ ☐ ☐ ☐
Abstain ☐ ☐ ☐ ☐ ☐
Absent ☐ ☐ ☐ ☐ ☐
____________________________
Jason Wedel, City Manager