HomeMy WebLinkAbout2024-083M MOwn
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L111011WIM11130
RESOLUTION NO. 2024-083
A RESOLUTION TO ESTABLISH THE FIRE DEPARTMENT EQUIPMENT
AND PROJECT FUND (FUND 407)
WHEREAS, The City finds it beneficial to establish a capital fund to provide
funding for fire department equipment and project needs.
Now, THEREFORE, BE IT RESOLVED, that the City Council of the City of
LAc Elmo, Minnesota, does hereby approve and adopt the Lake Elmo Fire Department
Equipment and Project Fund (Fund 407),
FURTHER RESOLVED, Fund 407 will provide for Fire equipment purchases or
maintenance not covered by the Vehicle Fund and other special projects.
FURTHER RESOLVED, a Transfer in the amount of $500,000 shall be made to
the fund from the Vehicle Fund (Fund 410) to Fund 407.
FURTHER RESOLVED, the 2024 Budget shown below for Fund 407 is hereby
adopted. Future budgets will be provided for Council approval in conjunction with other
annual budgets.
Account #
Acct Description
2024 Budget
407-420-2220-43230
Radio
$
22,672.00
407-420-2220-42080
EMS Supplies
$
53,400.00
407-420-2220-42090
Fire Prevention
$
37,500.00
407-420-2220-42400
Small Tools & Equipment
$
187,712.00
407-420-2220-43150
Contract Services
$
25,089-00
407-420-2220-43190
Software Programs
$
2,310,00
TOTAL
$
328,683.00
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 loth day of July, 2024.
By:
Charles Cadenhead
Mayor
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JU 4'ehnWsoin*,it Clerk..