HomeMy WebLinkAboutResolution 2014-01 01/06/2014CITY OF SPRINGFIELD
FY 2013 -2014
SUPPLEMENTAL BUDGET No. 2
RESOLUTION NO. 2014 -01
A RESOLUTION ADJUSTING RESOURCES AND REQUIREMENTS IN THE FOLLOWING FUNDS:
General, Regional Wastewater Revenue Bond Capital Project, Regional Wastewater Capital, SDC Transportation
Reimbursement, SDC Transportation Improvement, Regional Wastewater, and Vehicle & Equipment Funds
WHEREAS, the 2013 -2014 fiscal year appropriations for the City of Springfield were made by Resolution No.
2013 -10 dated June 17, 2013; and,
WHEREAS, at various times during the fiscal year the Common Council is requested to make adjustments to the
fiscal year budget to reflect needed changes in planned activities, to recognize
required adjustments; and,
WHEREAS, the Common Council handles such requests for adjustment to th
Budget Resolutions presented at regular meeting; and,
WHEREAS, this supplemental Budget #2 as amended by Supplemental Bu
the 2013 -2014 fiscal year, amends Resolution #2013 -10.
NOW, THEREFORE, BE IT RESOLVED, by the Common Council of the City of
Section 1. Resolution 2013 -10 is hereby adjusted as follows:
General - Fund 100
Resources Requirements
Transfer from Fund 713 $ 80,000 Non - Departmental
Reserves
revenues, or to make other
budget through Supplemental
#1 Resolution #2013-16, for
a Municipal
$ 80,000
Total Resources Adjustments $ 80,000 Total Requirements Adjustments $ 80,000
Comments: Request transfer funds from Vehicle & Equipment Fund from the sale of the aerial platform.
Regional Wastewater Revenue Bond Capital Project -'Fund 412
Resources Requirements
$ - Capital Projects $ 234,322
Non - Departmental Expenses:
Reserves (234,322)
Total Resources Adjustments $ - Total Requirements, Adjustments $
Comments: Request carries forward capital budgets unspent in FY13 and adjust FY14 capital expense
Attachment 2 1 Page 1 of 3
Regional Wastewater Capital - Fund 433
Resources Requirements
$ Operating Expenses:
Development & Public Works
$ 949,732
Capital Projects I
641,536
Non - Departmental Expenses:
Reserves
(1,591,268)
Total Resources Adjustments $ - Total Requirements Adjustments
$ -
Comments: Per Commission direction request adds capital budget for the Poplar Farm Harvest.
Carries forward
capitol budgets unspent in FY13 and adjust FY14 capital expense.
5DC Transportation Reimursement - Fund 446
Resources Requirements
$ Operating Expenses:
Development & Public Works $ 2,941
Non - Departmental Expenses:
Reserves (2,941)
Total Resources Adjustments $ - Total Requirements Adjustments $ -
Comments: Reappropriates funds on internal SDC expense account to pickup the FY13 portion for street SDC's
that was not recorded in FY13. !
SDC Transportation Improvement - Fund 4�
Resources Requirements
$ - Operating Expense!
Development & P
Non - Departmental
Reserves
Total Resources Adjustments $ - Total Requirement
Comments: Reappropriates funds on internal SDC expense account to pick up
that was not recorded in FY13.
Regional Wastewater - Fund 612
Resources Requirements
$ Operating Expenses
Development & Pt
Non - Departmental E
Debt Service
Reserves
Total Non- Departmi
Total Resources Adjustments $ - Total Requirements)
Comments: Request increases loan interest expense on Clean Water State Rev,
increase in property and liability insurance expense is requied to reflect change
increased earthquake coverage per Commission direction. Reappropriates fund.
for the City's Asset Management System; planned for in FY13 but not completed
Vehicle & Equipment - Fund 713
Resources Requirements
Vehicle Sales $ 240,000 Operating Expe
Works $ 19,303
(19,303)
Adjustments $
ie FY13 portion for street SDC's
Works $ 91,267
307,147
(398,414)
ntal Expenses: (91,267)
Adjustments $ -
iving Fund SRF R64840. An
in insurance carriers and
for Oracle software licensing fee
as of the year end.
Attachment 2 1 Page 2 of 3
UTION NO. 2014 -01
Fire & Life Safety
Non- Departmental
Interfund Transfei
Reserves
Total Non - Departrr
Total Resources Adjustments $ 240,000 Total Requirement
Comments: Records sale of the aerial platform and transfer funds to the Gem
replacements of portable radios and Self - Contained Breathing Apparatus.
Total Resources Adjustments $ 320,000 Total
Section 2. This resolution shall take effect upon adoption by the Council and
Adopted by the Common Council of the City of Springfield this 6th of Ja
and 0 against. S
Attest: �/h ._
/ Mi
Ci✓� .d "CwGL.
City Recorder Amy Sowa
REVIEW
AS TOW
DATE:
OFFICE
$ 340,000
80,000
(180,000)
al Expenses: (100,000)
Jjustments $ 240,000
Fund. Appropriates budgetfor
Lb muJuxrnems ? acv,vvv
approval by the Mayor.
iary, 201)�vote /��r
)riChristine L Lundberg
Attachment 2 RESOLUTION NO. page 3 of 3
2014 -01