Title
Reducing the 2025 financing and spending budgets in the Department of Public Works Recycling and Organized Trash fund.
Body
WHEREAS, there was a scrivener’s error in the creation of the 2025 budget for the Recycling and Organized Trash fund; and
WHEREAS, the error resulted in overstating revenue by $28M; and
WHEREAS none of this excess revenue has been spent; and
WHEREAS, the Mayor, pursuant to Section 10.07.3 of the Charter of the City of Saint Paul, does certify that a reduction of appropriations in the amount of $28,410,000 is appropriate; now
THEREFORE BE IT RESOLVED, by the City Council of the City of Saint Paul, upon recommendation of the Mayor, that $28,410,000 is unavailable for appropriation in the Recycling and Organized Trash budgets, as heretofore adopted and amended by this Council, is hereby further amended in the particulars as specified in the attached financial analysis.
Financial Analysis
See Attachment.