Title
Second Reading on Ordinance 20-024, an Ordinance Authorizing Supplemental Appropriation #6 to the 2020 Budget - Parts 1-3.
Body
Staff is requesting the authorization of three budget adjustments.
Part 1 will utilize a FEMA grant to for equipment and alternative projects. The amendment will increase the Engineering Department $26,000.00 for the purchase of a drone as well as FEMA-approved alternative projects. FEMA provides 85% of the costs and the City is responsible for the remaining 15%.
Part 2 will increase the Library Department by $100,000.00 for a boiler. This was a top priority replacement identified in the 2019 Facility Condition Assessment. The City Council Priority Project Fund (CCPPF) as identified last year as the appropriate funding source. Rather than transferring the full budgeted amount staff will bring forward amendments for actual amounts.
Part 3 will increase the Non Departmental Expenditure budget for miscellaneous expenditures related to COVID-19 and reimbursed by the South Dakota Local Government COVID Recovery fund. General Fund Revenues increase as reimbursements are received, offsetting the increase in expenditures.
Recommendation
Recommendation:
Staff recommends approval.
Body2
Attachments:
Memo
Ordinance