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2020 General Fund balance <br />It is proposed to utilize a transfer from the General Fund in 2020 to cover the city’s cost of the <br />land for the new fire station ($417,000). This figure may be reduced by about $75,000 with a <br />potential contribution from the fire department’s General Fund. <br />The remaining balance of $61,000 to $136,000 could be transferred to either the <br />Equipment/Building Replacement Fund or the PIR Fund. Does the Council have a preference on <br />where the funds should go? <br /> <br />Budget Impact <br />The Council should review the estimated fund balances and funding sources with special attention <br />given to the Permanent Improvement Revolving (PIR) Fund, Equipment Building Replacement <br />Fund, and the Public Safety Capital Fund. <br /> <br /> <br />Attachments <br />Attachment A: Agenda Report from June 15, 2020 work session <br />Attachment B: Equipment/Building Replacement Fund – changes to 2020 and proposed plan <br />Attachment C: Listing of 2021 projects included in the 2021-2025 CIP <br />Attachment D: Capital Improvement Plan <br /> <br />