Title
Pertaining to a 2024 Budget Amendment No. 8 to record an increase in spending and financing for postage.
Body
WHEREAS, the Board of Water Commissioners of the City of Saint Paul (“Board”) adopted its 2024 budget in September 2023; and
WHEREAS, Board staff has recognized the need for an increase of $60,000 in funding for postage fees due to submission of lead inventory. The MDH requires that notification be sent to all customers who have a lead and/or unknown service line; and
WHEREAS, the total amount needed for 2024 increase in spending is $60,000 which will be financed from use of fund balance; now, therefore, be it
RESOLVED, that the Board of Water Commissioners does hereby recommend amendment to its 2024 Adopted Budget, resulting in an increase of spending and financing of $60,000 to the 2024 Adopted Budget, resulting in an amended budget of $218,828,536 the details of such are attached, and does recommend approval by the Saint Paul City Council.