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#06 - Fire Dept Equipment & Project Fund
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#06 - Fire Dept Equipment & Project Fund
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8/4/2025 4:36:31 PM
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8/16/2024 2:28:52 PM
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<br /> CITY OF LAKE ELMO WASHINGTON COUNTY STATE OF MINNESOTA RESOLUTION NO. 2024-0XX083 <br /> A RESOLUTION TO ESTABLISH THE FIRE DEPARTMENT EQUIPMENT AND PROJECT FUND (FUND 407) <br />WHEREAS, The City finds it beneficial to establish a capital fund to provide <br />funding for fire department equipment and project needs. NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Lake Elmo, Minnesota, does hereby approve and adopt the Lake Elmo Fire Department <br />Equipment and Project Fund (Fund 407), <br /> FURTHER RESOLVED, Fund 407 will provide for Fire equipment purchases or maintenance not covered by the Vehicle Fund and other special projects. <br />FURTHER RESOLVED, a Transfer in the amount of $500,000 shall be made to <br />the fund from the Vehicle Fund (Fund 410) to Fund 407. FURTHER RESOLVED, the attached 2024 Budget shown below for Fund 407 is hereby adopted. Future budgets will be provided for Council approval in conjunction <br />with other annual budgets. <br />Account # Acct Description 2024 Budget <br />407-420-2220-43230 Radio $ 22,672.00 <br />407-420-2220-42080 EMS Supplies $ 53,400.00 <br />407-420-2220-42090 Fire Prevention $ 37,500.00 <br />407-420-2220-42400 Small Tools & Equipment $ 187,712.00 <br />407-420-2220-43150 Contract Services $ 25,089.00 <br />407-420-2220-43190 Software Programs $ 2,310.00 <br /> TOTAL $ 328,683.00 <br /> <br />FURTHER RESOLVED, future General Fund budgets should include a transfer to Fund 407 in an amount similar to a 5-year average of equipment purchases, depending on available resources for that year. APPROVED by the Lake Elmo City Council on this 16th day of July, 2024. <br /> <br /> By: __________________________ Charles Cadenhead Mayor <br /> <br />ATTEST:
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