ITEM TITLE:
Major Equipment Reserve
SUBMITTED BY: Brian Carlson, Finance Director
FISCAL NOTES:
Expenditure Required: $2,842,874
Unencumbered Balance: n/a
Funding Source: n/a
RECOMMENDATION:
Review and provide consensus direction to staff for final 2019 budget
SUMMARY STATEMENT:
• This agenda item revisits the 10/25 workshop and establishes the related funding amount of $2,842,874, comprised of:
o $2,082,087 ten-year average
o $850,091 new additions to schedule
o $89,232 2017 sale proceeds (deduction)
• Council requested the full schedule, which is attached as a PDF
PDF Attachment: Major Equipment Reserve