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12-13-2021 Council Packet
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12-13-2021 Council Packet
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3/18/2024 3:10:26 PM
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12/14/2021 12:40:39 PM
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City Council
Council Document Type
Council Packet
Meeting Date
12/13/2021
Council Meeting Type
Regular
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CITY COUNCIL <br />AGENDA ITEM 2B <br />STAFF ORIGINATOR: Hannah Lynch, Finance Director <br />MEETING DATE: December 13, 2021 <br />TOPIC: Committing General Fund Balance <br />VOTE REQUIRED: 3/5 <br />BACKGROUND <br />Fire turn-out gear budgeted and ordered in 2021 in the amount of $36,622 is not expected to be <br />received until 2022 due to supply chain delays. The unspent funds will remain in the City’s <br />General Fund Balance at 12/31/2021. <br />Staff recommends committing the funds within the General Fund. Committed funds will allow <br />the use of 2021 budgeted funds in fiscal year 2022 without having a budget impact. Funds can <br />only be spent for the reason specified. Any unspent funds will no longer be committed after the <br />expenditure for 2021 Fire Turn-Out Gear has been made. <br />RECOMMENDATION <br />Staff recommends approving Resolution No. 21-149. <br />ATTACHMENTS <br />Resolution No. 21-149
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