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CONSENT ITEM — 8B <br />,-AI�EN HILLS <br />MEMORANDUM <br />DATE: February 12, 2024 <br />TO: Honorable Mayor and City Councilmembers <br />Dave Perrault, City Administrator <br />FROM: Joua Yang, Finance Director <br />SUBJECT: 2023 Budget Carryovers <br />Budgeted Amount: Actual Amount: Funding Source: <br />N/A N/A N/A <br />Council Should Consider <br />Motion(s) to approve, table or deny the following: <br />• Carryover budget funds from 2023 to 2024 for equipment purchases delayed due to supply <br />chain issues and infrastructure projects yet to be completed. <br />Discussion <br />Car rovers <br />It has been past practice to permit the carryover from one year to the next of unspent monies for <br />specific purposes so budget amounts are better matched with revenues and expenditures. <br />• An equipment purchase approved by Council in 2023 has not yet been received mainly due <br />to supply chain issues. <br />• A final invoice for tree planting has not yet been received. <br />• Several Lake Johanna Fire Department capital items have been delayed. <br />• Infrastructure projects normally take more than one year to finalize. <br />Staff is asking for a reduction in the 2023 budget and a corresponding increase to the 2024 budget <br />for the following items: <br />Fund Account No. Amount Description <br />Equipment Fund 408-48100-45500 $120,000 <br />Park Fund <br />409-45200-44050 <br />$32,000 <br />PIR Fund <br />411-48539-45900 <br />$20,000 <br />PIR Fund <br />411-48536-45900 <br />$422,600 <br />PIR Fund <br />411-48537-45900 <br />$151,120 <br />PIR Fund <br />411-48321-45900 <br />$193,000 <br />PIR Fund <br />411-48321-33422 <br />$450,000 <br />LJFD Capital <br />412-48120-45500 <br />$5,100 <br />LJFD Capital <br />412-48120-45800 <br />$13,000 <br />Water Fund <br />601-48537-33422 <br />$500,000 <br />Replacement of Int'l Plow Wing Truck #115 <br />Tree Planting <br />2022 PMP — Arden Oaks <br />Old Snelling / CR E — Ramsey County project <br />Lexington Avenue — Ramsey County project <br />Mounds View High School Trail <br />SRTS Grant - Mounds View High School Trail <br />Computer and Radio Optimization <br />Gutters and Ext LED lighting <br />State Grant — Lexington Ave Watermain <br />Page 1 of 2 <br />