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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 />