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File #: RES PH 20-130    Version: 1 Name:
Type: Resolution-Public Hearing Status: Passed
In control: City Council
Final action: 6/24/2020
Title: Authorizing Fleet to use fund balance, built and unspent in 2019, to increase the 2020 Financing and Spending budgets in the Fleet budget by $72,232.60 to purchase equipment.
Sponsors: Amy Brendmoen
Attachments: 1. RES PH 20-130 Financial Analysis

Title

Authorizing Fleet to use fund balance, built and unspent in 2019, to increase the 2020 Financing and Spending budgets in the Fleet budget by $72,232.60 to purchase equipment.

 

Body

WHEREAS, Fleet intended to purchase and budgeted for two vehicles in 2019 for a total of $72,232.60; and

 

WHEREAS, the State contract for this purchase was delayed beyond the end of the City’s 2019 fiscal year; and

 

WHEREAS, manufacturing delays also slowed the purchase process: and

 

WHEREAS, Fleet’s budget was underspent in 2019 due to this delay; and

 

WHEREAS, Fleet is now able to place the order for the two vehicles with the State; and

 

WHEREAS, Fleet wishes to increase the 2020 Financing and Spending budgets by carrying forward the spending authority unspent in 2019 through a use of fund balance; now, therefore, be it

 

RESOLVED, by the City Council of the City of Saint Paul, upon recommendation of the Mayor, that $72,232.60 is available for appropriation in the 2020 Fleet budget, and said budget, as heretofore adopted by the Council is hereby further amended as indicated in the attached fiscal analysis form.

 

Financial Analysis

See Attachment.

 

 

 

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