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HomeMy WebLinkAboutItem 06.uOctober 5, 2015 Item No. Resolution Amending the 2015 Equipment Fund Budget Proposed Action Staff recommends adoption of the following motion: Move to approve Resolution Amending the 2015 Equipment Fund Budget. Passage of this motion will result in the 2015 Equipment Fund Budget being amended. Overview The City Administrator was directed by the Personnel Committee to evaluate car allowances and the possibility of moving to a mileage reimbursement model or assigning a city vehicle. Effective January 1, 2016, all employees who were previously receiving a car allowance (except the police chief) will be submitting mileage for reimbursement. The Personnel Committee expressed support for purchasing a vehicle which was equipped with emergency response equipment for the Police Chief. By purchasing a 2015 model at this time of the year, the acquisition cost is lower than if a 2016 model were purchased. Total cost for the vehicle and equipment is approximately $26,100. This purchase was not budgeted for 2015. Primary Issues to Consider (See attached) What is the funding source? The Equipment Fund is funded primarily by property taxes, transfers from other funds, and auction/sale proceeds. Equipment Fund reserves are available to fund this purchase. Supporting Information N/A Jerilyn Erickson Finance Director Financial Impact: $26,100 Budgeted: Amended to reflect $26,100 Purchase Related Documents (CIP, ERP, etc.): _2015 Budget Community Values: Good value for public services includes fiscal responsibility.. CITY OF LAKEVILLE RESOLUTION NO. RESOLUTION AMENDING THE 2015 EQUIPMENT FUND BUDGET WHEREAS, The 2015 Equipment Fund budget was adopted on December 15, 2014; and WHEREAS, The Personnel Committee expressed support for providing a city vehicle with emergency response equipment for the Police Chief in lieu of a monthly car allowance. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lakeville, Minnesota as follows: 1. The recitals set forth above are incorporated herein. 2. The 2015 Equipment Fund budget is amended in the amount of $26,100 for the purpose of acquiring a city vehicle for the Police Chief utilizing Equipment Fund reserves as a funding source. DATED this 5th day of October, 2015 CITY OF LAKEVILLE Matt Little, Mayor ATTEST: Charlene Friedges, City Clerk