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CITY COUNCIL <br />AGENDA ITEM 2A (v) <br />STAFF ORIGINATOR: Hannah Lynch, Finance Director <br />MEETING DATE: December 12, 2022 <br />TOPIC: Consider Resolution No. 22-159, Adopting the 2023 Capital <br />Equipment Fund Budget <br />VOTE REQUIRED: 3/5 <br />BACKGROUND <br />The City Council has reviewed the proposed 2023 Capital Equipment Replacement Fund Budget <br />during their scheduled budget work sessions. The Capital Equipment Replacement Fund is a capital <br />project fund which replaces and adds capital vehicles and equipment for the Public Safety and Public <br />Services departments. The fund is supported by an operating tax levy, but is also utilizing fund <br />reserves in 2023. <br />RECOMMENDATION <br />Staff recommends the approval of Resolution No. 22-159. <br />ATTACHMENTS <br />Resolution No. 22-159 <br />