HomeMy WebLinkAbout25-037 Approving Amendments to the 2025 Budget4646 Dakota Street SE Prior Lake, MN 55372
RESOLUTION 25-037
Approving Amendments to the 2025 Budget
Motion By: Hellier Second By: Churchill
WHEREAS, The 2024 and 2025 budgets were adopted on December 05, 2023 and December 3, 2024, respectively. Some of the items contained in the 2024 budget were not completed in 2024 and must therefore be moved to the 2025
budget so they can be completed with the original funding allocation; and
WHEREAS, The 2025 budget does not reflect expenditures and funding of $687,210 for the carryforward of projects/items that could not be completed due to timing constraints and staffing issues. The services were not performed or goods received in 2024 as the projects was not completed in 2024. Therefore, the expenditure budget will be carried forward to the 2025 budgets by fund as
detailed in the agenda report; and
WHEREAS, The 2025 General Fund budget does not reflect expenditures and funding for the Alternative Urban Areawide Review (AUAR) and sewer extension study in the Spring Lake Township annexation area. The city portion of the cost is estimated to be $54,250, after Scott County and Scott County CDA contributions.
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 2025 Budgets are amended to reflect the expenditures as noted above.3.Funding will be provided by the respective Fund reserves.
2
Passed and adopted by the Prior Lake City Council this 25th day of March 2025.
VOTE Briggs Braid Churchill Lake Hellier
Aye ☒☐☒☒☒
Nay ☐☐☐☐☐
Abstain ☐☐☐☐☐
Absent ☐☒☐☐☐
______________________________ Jason Wedel, City Manager
Fund- Net of Expenditures/(Revenues) 2025 Budget Amendment
General Fund $229,710
Park Equipment Replacement Fund 15,000
Facilities Mgmt. Fund 318,000
Water Fund 90,500
Stormwater Fund 15,000
Sewer Fund 19,000
Totals $ 687,210