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EQUXPMENT, BUILDING, AND REPLACEMENT <br />FLlIiG�iOtA: Generai Governmen� <br />S�pe�rvisor: Director of Finance and Administra#ive Services <br />Fund#: 408 <br />Activety#: N/A <br />Activetv Scope <br />This Capital Fund was created in 2008 wi�li the intent of building a reserve to fund <br />equipment replacement, building i�nprovennents, office equipEnen#, and technology <br />x�nprovemen.ts. This use af the fund would le�el future levy spikes caused by acquisition <br />of costly capitai e�penditures. A one-tirne iransfer of $500,004 was done in 2008 fro�n <br />ihe General Fund to establish ihe reserve. Annual transfers from the General Fund and <br />Enterprise Fu�ds provide on-going revenues in addition to interest income. <br />06iectives <br />1. Pro�ide adequate ec�uiprnent to insure operations and services for the resid�nts of <br />Arden Hills. <br />Issues <br />1. Budget constraints. <br />Measurable Woxklaad Data <br />f��/1.1 <br />Bud�e� Commentary <br />Anticipated 20 � 2 expenses are ta replace the Jetter a.nd Vactor Truck with dual putpose <br />machine, replacement of the � 997 Toro Workman w/Sprayer and �'25� Pickup Truck <br />w/Plow. <br />Bud�et Summary <br />Function: General Govemment Depaatment: Equipmeni Building arid Replacement <br />Appropriation Oetail <br />Actual Actual 8udgeS Amended Actual Proposed Adopted % Change <br />Actidty FY 20D9 FY 2D10 FY 20i1 FY 2014 6l301201 � FY 20t2 FY 20i2 ] 1 vs S2 <br />Reven�es <br />Trensfers 472.500 ]84.200 193,004 183,000 8.740 'l83,000 - -5.18% <br />�epaRmentToSaf $ 472,500 $ 184,200 $ 193,000 $ 193,000 $ 8,740 $ 183,OD0 $ - �.T8% <br />ExaendiWres <br />Capital putlay 283,884 200.003 755,638 755,638 143,885 394,638 - 147.77% <br />pepartment Total $ 2$3,884 $ 2IX3,003 $ 755,638 $ 755,638 $ 143,&95 $ 394,638 $ - �7,77% <br />�und Balance-January 1 (111.364) (222,768) (238,571) (238,571)� (238.571j (801,204j <br />Excess ReLenueO�erExpenditure ---(111'-384j . (15_803) (562,638J___ __{562,6_3$�_ (135,145j {211,638) - <br />Fund Balance - December 31 $ (222,7G8� $. 5238.571) $ {861,209) $ (807,209} $_ 5373.716) $ (9,012,847) $ - <br />� <br />