Loading...
HomeMy WebLinkAbout23-047 Consider Resolution Approving 2023 Budget Amendments 4646 Dakota Street SE Prior Lake, MN 55372 RESOLUTION 23-47 Amendments to the 2023 Budgets Motion By: Burkart Second By: Braid WHEREAS, WHEREAS, WHEREAS, the 2023 budgets were adopted on December 05, 2022; and the 2023 budgets do not reflect expenditures and funding of $740,511 for the carryforward of projects/items that could not be completed due to timing constraints, staffing issues, and supply chain issues. The services were not performed or goods received in 2022 as the projects was not completed in 2022. Therefore, the expenditure budget will be carried forward to the 2023 budgets by fund as detailed in the agenda report; and the 2023 General Fund budget does not reflect expenditures and funding for new projects/costs identified totaling $95,558. The new costs include Fire department pre-hiring costs for full-time firefighters, building security card reader update, Laserfiche server purchase, insurance professional services, Finance professional services contract for strategic plan financial modeling, and Finance lease tracking/ compliance software. 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 2023 Budgets are amended to reflect the expenditures as noted above. 3. Funding will be provided by the respective Fund reserves. Fund- Expenditures 2023 Budget Amendment General Fund $188,406 Equipment Replacement Fund 414,038 Facilities Mgmt. Fund 86,000 Water Fund 73,812 Sewer Fund 73,813 Totals $ 836,069 M:\City Clerk\City Council\Resolutions\2023\23-47 Consider Resolution Approving 2023 Budget Amendments.docx 2 Passed and adopted by the Prior Lake City Council this 20th day of March 2023. VOTE Briggs Braid Burkart Churchill Lake Aye ☒ ☒ ☒ ☒ ☐ Nay ☐ ☐ ☐ ☐ ☐ Abstain ☐ ☐ ☐ ☐ ☐ Absent ☐ ☐ ☐ ☐ ☒ ______________________________ Jason Wedel, City Manager