Share to Facebook Share to Twitter Bookmark and Share
File #: RES 22-0042    Version: 1
Type: Resolution Status: Passed
File created: 6/28/2022 In control: City Council
On agenda: 7/5/2022 Final action: 7/5/2022
Title: #22-42 - Amending the 2022 City Budget by Transferring $20,000 from Major Equipment Reserve to Sewer Department Contractual Services
Attachments: 1. Resolution 2022 Budget SEWER DREDGE

ITEM TITLE: 

#22-42 - Amending the 2022 City Budget by Transferring $20,000 from Major Equipment Reserve to Sewer Department Contractual Services

SUBMITTED BY: Jordan Nelson, Finance Director

 

FISCAL NOTES: 

Expenditure Required: $20,000

Unencumbered Balance: $37,768

Funding Source: Major Equipment Reserve

 

RECOMMENDATION:

Approve

SUMMARY STATEMENT:

                     Sewer Dredge was originally budgeted in Major Equipment for $245,000

o                     This represented Public Works estimates of “all-in” costs to bring the dredge online

o                     This Budget Adjustment will bring the current “all-in” cost of bringing the dredge online to $227,232 detailed as follows:

§                     $198,896 Purchase price

§                     $8,336 Parts & Supplies

§                     $20,000 Electrical Contractual Services