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Meeting Date: 3/8/95 <br /> Agenda Item: P 2 <br /> CITY OF FALCON HEIGHTS <br /> REQUEST FOR COUNCIL CONSIDERATION <br /> ITEM DESCRIPTION: Clarifications in the 1995 budget <br /> (debt service and capital funds) <br /> SUBMITTED BY: Joe Rigdon, City Accountant <br /> REVIEWED BY: Susan Hoyt, City Administrator <br /> EXPLANATION /SUMMARY: <br /> As detailed in the attached memorandum, several necessary items <br /> were not included in the approved 1995 budget due to high staff <br /> turnover during 1994. These items <br /> the general affect <br /> fund budget <br /> debt service and <br /> remains <br /> capital project funds only, while <br /> unchanged. The changes do not affect the city's 1995 property <br /> tax levy. While their omission is not a serious problem, the <br /> inclusion of these changes in the 1995 budget is necessary as a <br /> bookkeeping function. <br /> ATTACHMENTS: <br /> Memorandum detailing changes to 1995 budget <br /> Monetary summary of changes <br /> Monetary detail of changes <br /> Updated 1995 budget summaries for all debt service and capital <br /> project funds <br /> ACTION REQUESTED: Adopt the described changes into the 1995 <br /> budget. <br />