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• <br />• <br />CONSENT G2 <br />11/10/04 <br />ITEM: <br />SUBMITTED BY: <br />REVIEWED BY: <br />EXPLANATION: <br />Transfer of funds from Water Special Revenue Fund (204) to the <br />Public Safety Capital Project Fund (402) to help fund a new fire truck <br />for 2005 <br />Roland O. Olson, Finance Director <br />Heather Worthington, City Administrator <br />Summary: As previously discussed in our budget workshops a transfer of funds needs to be <br />done to transfer $150,000 from the Water Special Revenue Fund (204) to the Public Safety <br />Capital Fund (402) to help fund a new fire engine to be purchased in 2005 to replace Engine 753, <br />which was purchased in 1978. <br />The expense budget will be modified to reflect this change. Staff recommends that the new <br />budgeted expenditure for the water special revenue fund (204) be $165,000. <br />^ Transfer $150,000 from the Water Special Revenue Fund (204) to the Public Safety <br />Capital Fund (402) to help fund the purchase of a new fire engine in 2005 <br />ACTION REQUESTED: <br />