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File #: RES 19-0036    Version: 1
Type: Resolution Status: Passed
File created: 7/31/2019 In control: City Council
On agenda: 8/6/2019 Final action: 8/6/2019
Title: #19-36 - Amending the 2019 City Budget by Transferring $16,000,000 from Unencumbered General Fund Balance to New Fire Station Project
Sponsors: City Council
Attachments: 1. Budget Resolution New Fire Station $16MM

ITEM TITLE: 

#19-36 - Amending the 2019 City Budget by Transferring $16,000,000 from Unencumbered General Fund Balance to New Fire Station Project

 

SUBMITTED BY: Brian Carlson, Finance Director

 

FISCAL NOTES: 

Expenditure Required: $16MM

Unencumbered Balance: $70MM

Funding Source: Unencumbered General Fund Balance

 

RECOMMENDATION:

Approve, pending project approval

SUMMARY STATEMENT:

This Resolution provides funding for construction of the New Fire Station project, pending Council direction.