Title
Amending the 2022 Saint Paul Regional Water Services budget by transferring funds from the Board’s Office Furniture expense account to its Building Repair Services expense account.
Body
WHEREAS, the Board of Water Commissioners of the City of Saint Paul (“Board”) adopted its 2022 budget in September 2021; and
WHEREAS, in its 2022 budget, the Board authorized $90,000 for its Office Furniture expense account, Accounting Unit/Account 69082105-70310 and $35,000 for its Building Repair Services expense account, Accounting Unit/Account 69082105-64105; and
WHEREAS, an additional $25,000 for building repairs is needed to complete identified projects; and
WHEREAS, $25,000 budgeted in 2022 for office furniture is available; and
WHEREAS, 2022 Administrative Order No. 1 will result in no increase or decrease to spending, it will transfer $25,000 to the Building Repair Services expense account; therefore via
ADMINISTRATIVE ORDER, consistent with the authority granted to the Mayor in Section 10.07.4 of the City Charter and on request of the Board of Water Commissioners of the City of Saint Paul to amend the 2022 budget of the Water Utility Fund, the Office of Financial Services is authorized to amend said budget in the manner as specified in the attached financial analysis.
Financial Analysis
See Attachment.