CCP 09-09-2002 - Laserfiche WebLink

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-- . .. ~ ~HILLS MEMORANDUM DATE: September 5, 2002 Agenda Item 6.B .1 TO: Joe Lynch, City Administrator cc: Aaron Parrish, Community Resources Director Terrance Post - City Accountant @) Revisions to Adopted 2002 Budget FROM: SUBJECT: Backl!round The Arden Hills City Council has approved several items this year that do not appear in the adopted 2002 budget. The purpose of this memorandum is to summarize these various changes with respect to overall revenues and expenditures. Revised Budl!et Items - Detail 1. Recreation Fund No. 226 (with related changes to Community Services Fund No. 225 and Public Safety Capital Equipment Fund No. 412): . This item was approved as part of the consent agenda at the January 28, 2002 regular Council meeting. . The impact of this approved change was to increase the operating deficit in Recreation Fund No. 226 from an adopted $147,632 to a revised $157,812. . The increased subsidy need was in large part financed by an increased transfer from the Community Services Fund No. 225 from an adopted $62,632 to a revised $70,062. . There was also a corresponding reduction in the operating transfer from the Community Services Fund No. 225 from an adopted $41,755 to a revised $30,027. This transfer change is reflective of a revised funding split from the Community Services Fund No. . 225 from "60/40" to "70/30". 2. Fire Protection Services Department No. 42200 of General Fund No. 101: . This item was approved as part of the consent agenda of the February II, 2002 regular Council meeting. . The approval for a capital contribution to accelerate the purchase of a fire tanker truck in the amount of $29,839. The contribution commitment is evidenced by a "Contribution Agreement" between the cities of Arden Hills, North Oaks, and Shoreview, and the Lake Johanna Fire Department.