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08-24-2015 Council Packet
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08-24-2015 Council Packet
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1/13/2016 9:18:15 AM
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9/1/2015 11:38:43 AM
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City Council
Council Document Type
Council Packet
Meeting Date
07/24/2015
Council Meeting Type
Regular
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software support. Related to this, there was also a question about the $20,000 budgeted <br />in "Government Buildings" for telephones. <br />As stated above, the cost allocation in 2016 for IT services is a total of $120,266, which <br />includes $15,390 for IP telephony. This is coded to governmental buildings, so the <br />Finance budget can be reduced by that amount. <br />The cost of the annual licensing for Laserfiche is charged to Administration, so an <br />additional $2,056 can be reduced from the "Other Consultant" line item. The total <br />amount under the Finance budget for IT services should be $102,820. <br />The budget amount for the annual license subscription with Springbrook is $22,000. The <br />City paid an annual maintenance fee of $7,176 to Tyler Industries for the old financial <br />accounting system; a difference of nearly $15,000. <br />Proposed General Fund Revenue <br />Investment Management Charge ($50,000): This is the charge credited to the operating <br />fund from interest earnings for the management of all funds. The balance of the interest <br />earnings is distributed to each fund proportionately. <br />Refunds & Reimbursements ($30,000): This line item includes the insurance dividend <br />check from the League of Minnesota Cities, rebates from the U.S. Bank Visa card, cash <br />back from Connexus Energy, and other miscellaneous refunds and reimbursements. <br />3 <br />
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