ITEM TITLE:
#21-36 - Amending the 2021 City Budget by Transferring $534,154 from Capital Projects Contingencies and Major Maintenance Reserve Contingencies to Nuisance Abatement Reserve and Rescinding Resolution #21-33
SUBMITTED BY: Brian Carlson, Finance Director
FISCAL NOTES:
Expenditure Required: $534,154
Unencumbered Balance: $767K total; $290K Major Maintenance Contingency; $477K Capital Projects Contingency
Funding Source: Reserve/Major Maintenance/Contingency Reserve, Capital Projects / Project Contingency
RECOMMENDATION:
Approve
SUMMARY STATEMENT:
This resolution was originally presented and approved on 8/17, but mistakenly omitted the reduction in the specific “capital projects” code, “project contingency”.
This resolution corrects that error, and rescinds the prior resolution.