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CITY COUNCIL <br />REGULAR MEETING STAFF REPORT <br />AGENDA ITEM 2C <br />STAFF ORIGINATOR: Hannah Lynch, Finance Director <br />MEETING DATE: December 9, 2024 <br />TOPIC: Consider Resolution No. 24-170, Committing General Fund <br />Balance <br />VOTE REQUIRED: Simple Majority <br />INTRODUCTION <br />The Council is being asked to commit unspent and available General Fund budget dollars from <br />2024 to be used in 2025. <br />BACKGROUND <br />The 2024 General Fund Budget includes $17,500 within Fire Uniforms for three sets of fire turn <br />out protective gear. An order for the turn out gear was placed in early fall 2024, although staff <br />has been informed by the vendor, MacQueen Equipment, that delivery will not be made until <br />February 2025. <br />Staff recommends committing the funds within the General Fund. Committed funds will allow <br />the use of the 2024 budgeted funds in fiscal year 2025 without having a 2025 budget impact. <br />Funds can only be spent for the reason specified. Any unspent funds will no longer be <br />committed after the expenditure for turn out gear has been made. <br />RECOMMENDATION <br />Staff recommends approving Resolution No. 24-170, Committing General Fund Balance. <br />ATTACHMENTS <br />Resolution No. 24-170 <br />