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• <br />• <br />AGENDA ITEM 4A <br />STAFF ORIGINATOR : Al Rolek <br />DATE: December 18, 2000 <br />TOPIC: Resolution 2000 -124 amending the 2000 General Fund Budget <br />(Amendment #2) <br />VOTE REQUIRED: 3/5 <br />BACKGROUND <br />In 1999 the City Council accepted the 1998 Financial Report. This report identified excess <br />revenues in the General Fund, of which the City Council designated $24,000 towards the <br />purchase of voting machines. The machines were purchased in 2000. The Election capital outlay <br />budget should be amended to reflect the purchase of the machines and the dollars will be taken <br />from the General Fund Designated fund balance. (See the attached Schedule A, #1) <br />Secondly, the 2000 General & Water Funds should be amended to record various council actions <br />throughout the year for salary adjustments and technology improvements in the amount of <br />$75,675 to be funded by accumulated antenna lease revenues per Resolution 00 -66. (See the <br />attached Schedule A, #2). <br />Finally, the proposed Black Duck trail extension budgeted in 2000 will not occur until 2001 <br />following final acquisition of the easements. Staff recommends that the $50,000 budgeted for the <br />extension in the 2000 General Fund budget be transferred to the Dedicated Parks fund to finance <br />the project in 2001. (See the attached Schedule A. #3). <br />OPTIONS <br />1. Adopt Resolution 2000 -124. <br />2. Return to staff for further review. <br />RECOMMENDATION <br />Option 1 <br />