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M e
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From:
Date:
Subject:
City staff
PARK FE
in an add
R
MOTOR
Contract
of fuel. C
contract
budget re
E
e mor
Mayo
Allyn
Denni
Novem
2015 P
f is recomme
ES The Par
ditional $7,2
Ge
Revenues
Parks re
Heritag
Tota
FUELS Sta
prices are $
City of Lake
with appro
eduction is a
Expenditur
Genera
Special
Utility
Liquor
Tota
r and
r and Counc
Kuennen, In
s Feller, Fina
mber 24, 201
Proposed Bu
ending the fo
rks Departm
00 of revenu
eneral Fun d
ental
g e Center re
al
ate of Minn
$.15 ‐ $.26 pe
eville purcha
ximately 20
as follows.
es ‐ Motor
l Fund
Revenue
al
d u m
cil
terim City A
nce Director
14
udget Change
ollowing cha
ment staff is
ues.
O
d E
$
ental
$
nesota rece
er gallon les
ases approx
0‐30% purch
O
E
Fuels
$
$
1
m
Administrato
r
es
anges to the
recommend
Original
Estimate
27,231
14,365
41,596
ntly awarde
s than 2014
ximately 70‐
hased on the
Original
Estimate
480,738
425
44,069
216
525,448
or
2015 Propo
ding adjustin
Adjus t
5,0$
12,1
17,1$
2015 Budg
ed the 2015
prices depe
‐80% of its
e “spot” ma
Adjus t
(52,7$
(
(4
1
(53,1$
2015 Budg
Cit
Finance
osed Budget
ng park fees
RE
tE st
019 $
135
154 $
get
5 contract
ending on th
motor fuels
arket. The
RE
tE st
794)4$
(66)
462)
138
184)4$
get
ty of Lakev
e Departm
.
which will r
EVISED
timate
32,250
26,500
58,750
for motor f
e type and g
s from the
estimated
EVISED
timate
427,943
359
44,069
354
472,725
ville
ment
result
fuels.
grade
State
2015
2
PIONEER PLAZA. Pioneer Plaza walkway has significant structural defects to the extent that it is
considered a high public safety risk. As such Parks Department staff is recommending the
replacement of the walkway, fountain and spruce tree as soon as reasonably possible in the
spring of 2015 as discussed in their attached memorandum dated November 21. The cost is
approximately $37,000.
Original REVISED
Estimate Adjust Estimate
Expenditures ‐ Parks: Pioneer Plaza
Walkway replacement 18,500$ 18,500$
Tree 1,000 1,000
Fountain 17,500 17,500
Total ‐$ 37,000$ 37,000$
2015 Budget
GENERAL FUND – SUMMARY
The budget adjustments will result in a $32,948 increase in fund balance.
2015
Budget
Adjust
Revenues
Park Fees 17,154$
Expenditure
Motor Fuels (52,794)
Pioneer Plaza 37,000
Fund balance increase 32,948$