HomeMy WebLinkAbout20-161CITY OF LAKEVILLE
RESOLUTION NO. 20-161
RESOLUTION AMENDING THE 2020 BUDGETS
WHEREAS, the City of Lakeville approved resolution #20-121 acknowledging receipt and use of
CARES Act funding.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lakeville, Minnesota
as follows:
1. The 2020 budgets for General Fund, Small Business Grant Fund, Building Fund,
Equipment Fund, Municipal State Aid Fund, Improvement Construction Fund, Water
Trunk Fund, Storm Water Infrastructure Fund and the Water Operating Fund are hereby
amended for the fiscal year ending December 31, 2020 as per Exhibits A -I, as attached
hereto.
2. Staff is authorized to further amend the budget as needed to comply with the CARES Act
agreement for expenditures in the General Fund, Communications Fund, Small Business
Grant Fund, Utility Fund and Liquor Fund.
ADOPTED by the Lakeville City Council this 21St day of December 2020
Douglas P. Anderson, Mayor
� � I�W-
Charlene Friedges, City C141
CITY OF LAKEVILLE, MINNESOTA
General Fund
Schedule of Revenues, Expenditures and Changes in Fund Balances
For the Year Ending December 31, 2020
2020 GENERAL FUND BUDGET
Revenues
General property taxes
Licenses and permits
Intergovernmental
Charges for services
Court fines
Investment income
Miscellaneous
Total revenues
Expenditures
General government
Mayor and Council
Committees and Commissions
City administration
City Clerk
Legal counsel
Planning
Community and econ. development
Inspections
General government facilities
Finance
Information systems
Human resources
Insurance
Public safety
Police
Fire
Public works
Engineering
Operations and Maintenance
Streets
Parks and recreation
Parks
Recreation
Heritage Center
Arts Center
Other
Total expenditures
Excess (deficiency) of revenues
over expenditures
Other financing sources (uses)
Transfer from other funds
Transfer to other funds
Total other financing sources (uses)
Exhibit A
2020
2020
2020
2020
(1,023,597)
91,616
YTD
12/21/2020
Final
17,203,248
Adopted
Amended
Adjust
Amended
$ 16,179,651
Budget
Budget
Res. No. zaaats
Budget
Notes
$ 22,509,080
$ 22,509,080
$ -
$ 22,509,080
2,657,099
2,657,099
15,000
2,672,099
(6)
1,053,453
1,053,453
144,499
1,197,952
(1)(2)(3)
2,976,026
2,976,026
43,000
3,019,026
(8)
360,000
360,000
-
360,000
(3)(5)
128,000
128,000
-
128,000
(3)
42,893
68,782
-
68,782
29,726,551
29,752,440
202,499
29,954,939
(3)
121,006
121,006
-
121,006
(1,023,597)
91,616
91,616
-
91,616
17,203,248
498,062
498,062
-
498,062
$ 16,179,651
265,446
265,446
32,872
298,318
(2)
83,500
83,500
-
83,500
597,315
597,315
3,464
600,779
(3)
382,316
382,316
-
382,316
1,439,695
1,439,695
38,322
1,478,017
(4)(6)
637,091
637,091
39,616
676,707
(3)(5)
859,493
879,693
8,772
888,465
(3)
818,247
850,247
-
850,247
557,705
557,705
3,007
560,712
(3)
285,000
285,000
-
285,000
12,428,732
12,506,121
43,000
12,549,121
(8)
2,103,412
2,119,412
85,668
2,205,080
(1)(3)
1,024,200
1,024,200
-
1,024,200
620,977
620,977
-
620,977
3,547,487
3,547,487
-
3,547,487
2,869,618
2,869,618
-
2,869,618
786,925
786,925
-
786,925
151,221
151,221
-
151,221
633,472
633,472
-
633,472
(45,939)
(45,939)
-
(45,939)
30,756,597
30,902,186
254,721
31,156,907
(1,030,046) (1,149,746) (52,222) (1,201,968)
830,371 830,371 - 830,371
(550,000) (550,000) (102,000) (652,000)
280,371 280,371 (102,000) 178,371
Net change in fund balance
(749,675)
(869,375)
(154,222)
(1,023,597)
Fund balance, January 1
16,012,291
16,012,291
1,190,957
17,203,248
Fund balance, December 31
$ 15,262,616
$ 15,142,916 $
1,036,735
$ 16,179,651
(7)
(4)(5)(7)
(9)
Exhibit A
Exhibit A
(1) Amend Fire Relief Association contribution resulting from increase in state aid.
Expenditures:
Other Charges and Services 33,668
Revenues:
Intergovernmental
33,668
(2) Amend City Clerk budget for additional cost related to early voting for the 2020 election.
Expenditures:
Personnel Services 3,500
Commodities 5,659
Other Charges and Services 23,713
Revenues:
Intergovernmental Grants 32,872
(3) Amend various departments for CARES Act qualified expenses. This amendment doesn't cover all
CARES Act eligible expenses. The amendment just includes departments that will go over budget.
Expenditures:
Finance - Capital Outlay
8,772
Human Resources - Capital Outlay
3,007
Planning - Capital Outlay
3,464
General Government Facilities - Commodities
10,716
Fire - Personnel Services (Extra Duty Crews)
52,000
Revenues:
Intergovernmental Grants
77,959
(4) Amend Inspections Department budget for vehicle budgeted in 2019 but not purchased until 2020
due to delays in vehicle inventories from automotive dealers.
Expenditures:
Other Charges and Services 23,322
Revenues:
Use of Fund Balance 23,322
(5) Amend General Government Facilities budget for telephone contract with Vonage which wasn't
budgeted.
Expenditures:
Other Charges and Services 28,900
Revenues:
Use of Fund Balance 28,900
Exhibit A
(6) Amend the Inspections Department budget to account for increased contractual electrical
inspections and the offsetting electrical permit revenues.
Expenditures:
Other Charges and Services 15,000
Revenues:
Permits - Electrical
15,000
(7) Transfer the reserve fund balance for Police forfeitures to the equipment fund appropriated towards
the cost of squad replacements. The Equipment Fund anticipated these funds in 2020, but the
transfer was not set up in the General Fund.
Other financing uses:
Transfer to Equipment Fund 102,000
Revenues:
Use of Reserve Fund Balance
102,000
(8) Amend the Police Department budget for the addition of a third SRO Officer funded 100% by ISD
194.
Expenditures:
Personnel Services
43,000
Revenues:
Charges for Services 43,000
(9) Amend the budgeted (estimated) January 1, 2020 Fund Balance to reflect the actual January 1 Fund
Balance.
Actual Fund Balance, January 1, 2020 17,203,248
Budgeted Fund Balance, January 1, 2020 16,012,291
Increase Fund Balance, January 1, 2020 1,190,957
Exhibit B
2020 SMALL BUSINESS GRANT FUND BUDGET
2020
2020
YTD
Final
Amended 12/21/2020
Amended
Budget Adjust
Bud et Notes
Revenues
Intergovernmental
Total revenues
Expenditures - Capital outlay
General Government
Total expenditures
Net change in fund balance
Fund balance, January 1
Fund balance, December 31
$ - $ 868,947 $ 868,947 (1)
868,947 868,947
- 868,947 868,947 (1)
- 868,947 868,947
(1) Amend budget to recognize CARES Act grant funding appropriated to
local small businesses impacted by the COVID-19 pandemic.
Expenditures:
Other Charges and Services
Revenues:
Exhibit B
868,947
Intergovernmental Grants 868,947
2020 BUILDING FUND BUDGET
Revenues
Investment income
Donations
Miscellaneous - antenna rental
Total revenues
Expenditures - Capital outlay
General Government
Public safety
Public works
Parks and recreation
Total expenditures
Excess (deficiency) of revenues
over expenditures
Other financing sources
Transfer from
General Fund
Net change in fund balance
Fund balance, January 1
Fund balance, December 31
Exhibit C
2020
2020
2020 YTD
Final
Adopted Amended
12/21/2020 Amended
Budget Budget
Adiust Budget Notes
$ 21,504 $
21,504 $
- $ 21,504
-
6,000
- 6,000
430,102
430,102
- 430,102
451,606
457,606
- 457,606
409,040
409,040
409,040
109,707
109,707
41,774 151,481 (1)
158,095
158,095
- 158,095
233,206
239,206
- 239,206
910,048
916,048
41,774 957,822
(458,442)
(458,442)
(41,774) (500,216) (1)
200,000 200,000 - 200,000
(258,442) (258,442) (41,774) (300,216)
1,193,272 1,193,272 40,538 1,233,810 (2)
$ 934,830 $ 934,830 $ (1,236) $ 933,594
Exhibit C
(1) Amend the budget for the Police facility for the addition of a perimeter
fence around the facility per contract approved on November 16, 2020.
Expenditures:
Capital outlay - Police Station 41,774
Revenues:
Use of fund balance 41,774
(2) Amend the budgeted (estimated) January 1, 2020 Fund Balance to reflect
the actual January 1 Fund Balance.
Actual Fund Balance, January 1, 2020 1,233,810
Budgeted Fund Balance, January 1, 2020 1,193,272
Increase Fund Balance, January 1, 2020 40,538
2020 EQUIPMENT FUND BUDGET
Revenues
General property taxes
Investment income
Donations
Miscellaneous
Total revenues
Expenditures - Capital outlay
Public safety
Police
Fire
Public works
Parks and recreation
Total expenditures
Excess (deficiency) of revenues
over expenditures
Other financing sources
Transfer from
General Fund
General Fund - Forfeitures Funds
Liquor Fund
Utility Fund
Total other financing sources
Net change in fund balance
Fund balance, January 1
Fund balance, December 31
Exhibit D
2020
2020
2020 YTD
Final
Adopted Amended 12/21/2020
Amended
Budget Budget Adjust
Budget Notes
$ 675,000 $ 675,000 $ - $ 675,000
18,331 18,331 - 18,331
20,000 20,000 - 20,000
271,525 281,525 (102,000) 179,525 (4)
984,856 994,856 (102,000) 892,856
226,595
226,595
355,678 582,273 (1)(2)
924,054
1,060,054
7,006 1,067,060 (3)
232,866
232,866
- 232,866
1,383,515
1,519,515
362,684 1,882,199
(398,659) (524,659) (464,684) (989,343) (1)(2)(3)
350,000
350,000
-
350,000
-
-
102,000
102,000 (4)
500,000
500,000
-
500,000
31,000
31,000
-
31,000
881,000
881,000
102,000
983,000
482,341
356,341
(362,684)
(6,343)
1,173,621
1,173,621
452,321
1,625,942 (5)
$ 1,655,962
$1,529,962
$ 89,637
$1,619,599
Exhibit D
(1) Amend the Police Department budget for equipment budgeted in 2019
but carried over into 2020 due to delays by the auto dealers obtaining
vehicle inventory.
Expenditures:
Capital Outlay - Squads (9) 325,059
Capital Outlay - Lightbars and siren controls 16,818
Revenues:
Use of Fund Balance 341,877
(2) Amend the Police Department budget for AED's budgeted in 2018 but
carried over into 2020 due to delays by the manufacturer.
Expenditures:
Capital Outlay-'AED's 13,801
Revenues:
Use of Fund Balance 13,801
(3) Amend the Streets Department budget for vehicle licensing fees
budgeted in 2019, but due to the late delivery the license fees were not
incurred until 2020.
Expenditures:
Capital Outlay 7,006
Revenues:
Use of Fund Balance 7,006
(4) Amend transfers in for the forfeiture funds proposed to be used to fund a
portion of the police squad purchases. The budget initially reported this
as a miscellaneous revenue but should be shown as a transfer from the
General Fund.
Other Financing Sources:
Transfers In: 102,000
Revenues:
Miscellaneous Revenue (102,000)
(5) Amend the budgeted (estimated) January 1, 2020 Fund Balance to reflect
the actual January 1 Fund Balance.
Actual Fund Balance, January 1, 2020 1,173,621
Budgeted Fund Balance, January 1, 2020 1,625,942
Increase Fund Balance, January 1, 2020 452,321
Exhibit E
2020 MUNICIPAL STATE AID FUND BUDGET
2020
2020
2020
YTD
Final
Adopted
Amended
12/21/2020
Amended
Budget
Budget
Adiust
Budget
Notes
Revenues
Intergovernmental
$10,669,733
$10,669,733
$ -
$10,669,733
Investment income (charges)
15,800
15,800
-
15,800
Special Assessments
217,328
217,328
-
217,328
Miscellaneous - pass-through developer
obligations
340,000
340,000
-
340,000
Total revenues
11,242,861
11,242,861
-
11,242,861
Expenditures - Capital outlay
Public works
14,296,297
14,468,370
1,071,064
15,539,434
(1)(3)(4)(5)
Total expenditures
14,296,297
14,468,370
1,071,064
15,539,434
Excess (deficiency) of revenues
over expenditures
(3,053,436)
(3,225,509)
(1,071,064)
(4,296,573)
Other financing sources
Transfer from Capital Projects
Water Trunk Fund
1,225,000
1,225,000
69,164
1,294,164
(1)
Sanitary Sewer Trunk Fund
142,500
142,500
-
142,500
Park Dedication Fund
964,516
964,516
-
964,516
Stormwater Infrastructure Fund
784,700
956,773
352,500
1,309,273
(1)
Total other financing sources (uses)
3,116,716
3,288,789
421,664
3,710,453
Net change in fund balance
63,280
63,280
(649,400)
(586,120)
(1)(3)(4)(5)
Fund balance, January 1
25,196
25,196
2,016,992
2,042,188
(2)
Fund balance, December 31
$ 88,476
$ 88,476
$1,367,592
$ 1,456,068
Exhibit E
(1) Amend the budget for revised estimates on the County Road 50 project,
#15-12. This was a County led project and the City is expected to
reimburse the County early in 2021 for the City share of costs incurred in
2018, 2019 and 2020.
Expenditures:
Capital Outlay - Public Works
955,407
Other Financing Sources:
Stormwater Infrastructure Fund
352,500
Water Trunk Fund
69,164
Use of Fund Balance
533,743
(2) Amend the budgeted (estimated) January 1, 2020 Fund Balance to reflect
the actual January 1 Fund Balance.
Actual Fund Balance, January 1, 2020 2,042,188
Budgeted Fund Balance, January 1, 2020 25,196
Increase Fund Balance, January 1, 2020 2,016,992
(3) Amend the budget for actual costs paid to the County in 2020 for the
Dodd Blvd/Glacier Way signal, project #18-08.
Expenditures:
Capital Outlay - Public Works 46,157
Revenues:
Use of Fund Balance 46,157
(4) Amend the budget for estimated costs incurred in 2020 for the
Dodd/Heritage Dr/Icenic Way intersection improvements, project #20-
07.
Expenditures:
Capital Outlay - Public Works 50,000
Revenues:
Use of Fund Balance 50,000
(5) Amend the budget for costs incurred in 2020 for the Dodd & 194th St
intersection improvements, project #20-12.
Expenditures:
Capital Outlay - Public Works 19,500
Revenues:
Use of Fund Balance 19,500
Exhibit F
2020 IMPROVEMENT CONSTRUCTION FUND BUDGET
2020
2020
2020 YTD
Final
Adopted Amended
12/21/2020 Amended
Budget Budaet
Adjust Budget Notes
Revenues
Intergovernmental
Escrow
Miscellaneous - pass-through developer
obligations
Total revenues
Expenditures - Capital outlay
Public works
Total expenditures
Excess (deficiency) of revenues
over expenditures
Other financing sources
Transfer from Capital Projects
Stormwater Infrastructure Fund
Transfer from Debt Service
Issuance of debt
Premium on bonds issued
Total other financing sources (uses)
Net change in fund balance
Fund balance, January 1
Fund balance, December 31
$ 690,000 $ 690,000 $ - $ 690,000
120,000 120,000 - 120,000
795,281 795,281 - 795,281
1,605,281 1,605,281 - 1,605,281
15,956,113 15,956,113 (2,152,128) 13,803,985 (1)(3)(4)(5)
15,956,113 15,956,113 (2,152,128) 13,803,985
(14,350,832) (14,350,832) 2,152,128 (12,198,704)
105,000
105,000
- 105,000
200,000
200,000
- 200,000
14,045,832
14,045,832
(4,883,312) 9,162,520 (3)
-
-
2,246,184 2,246,184 (3)
14,350,832
14,350,832
(2,637,128) 11,713,704
- - (485,000) (485,000) (1)(4)(5)
1,191,404 1,191,404 5,523,570 6,714,974 (2)
$ 1,191,404 $ 1,191,404 $ 5,038,570 $ 6,229,974
Exhibit F
(1) Amend the budget for the cost of additional legal costs incurred related
to project 15-02 during 2020. This amount includes an estimate for
additional costs to be incurred through the end of 2020.
Expenditures:
Capital Outlay - Public Works 45,000
Revenues:
Use of Fund Balance 45,000
(2) Amend the budgeted (estimated) January 1, 2020 Fund Balance to reflect
the actual January 1 Fund Balance.
Actual Fund Balance, January 1, 2020 6,714,974
Budgeted Fund Balance, January 1, 2020 1,191,404
Increase Fund Balance, January 1, 2020 5,523,570
(3) Amend the budget to reflect final bond proceed amounts recorded in the
Improvement Construction Fund in 2020 from the 2020A bonds, and the
related decrease in anticipated project expenditures.
Expenditures:
Capital Outlay - Public Works (2,637,128)
Revenues:
Bond Proceeds (4,883,312)
Bond Premium 2,246,184
(4) Amend the budget to reflect additional costs incurred during 2020 for
project 22-03 engineering costs.
Expenditures:
Capital Outlay - Public Works 240,000
Revenues:
Use of Fund Balance (Bond Proceeds) 240,000
(5) Amend the budget to reflect additional costs incurred during 2020 for
the 2019 street projects (19-02 and 19-05), which were paid for by bond
proceeds received in 2019.
Expenditures:
Capital Outlay - Public Works 200,000
Revenues:
Use of Fund Balance (Bond Proceeds) 200,000
2020 WATER TRUNK FUND BUDGET
Revenues
Charges for services
Special Assessments
Investment income (charges)
Total revenues
Expenditures - Capital outlay
Public works
Total expenditures
Excess (deficiency) of revenues
over expenditures
Exhibit G
2020
2020
2020 YTD
Final
Adopted Amended
12/21/2020 Amended
Budget Budget
Adjust Budget Notes
$ 1,828,600
$ 1,828,600 $
- $ 1,828,600
59,000
59,000
- 59,000
73,100
73,100
- 73,100
1,960,700
1,960,700
- 1,960,700
(611,308)
-
998,443
998,443
- 998,443
998,443
998,443
- 998,443
Total other financing sources (uses)
(1,836,308)
962,257
962,257
- 962,257
Other financing sources
Transfer to
Debt Service - Water Revenue bonds
(611,308)
(611,308)
-
(611,308)
Capital Proj. - Municipal State Aid
(1,225,000)
(1,225,000)
(69,164)
(1,294,164) (1)
Total other financing sources (uses)
(1,836,308)
(1,836,308)
(69,164)
(1,905,472)
Net change in fund balance
(874,051)
(874,051)
(69,164)
(943,215) (1)
Fund balance, January 1
9,644,248
9,644,248
953,177
10,597,425 (2)
Fund balance, December 31
$ 8,770,197
$ 8,770,197 $
884,013
$ 9,654,210
Exhibit G
(1) Amend the budget for revised transfer estimates on the County Road 50
project, #15-12. This was a County led project and the City is expected to
reimburse the County early in 2021 for the City share of costs incurred in
2018, 2019 and 2020.
Other Financing Uses:
Transfer to Municipal State Aid Fund 69,164
Revenues:
Use of Fund Balance (69,164)
(2) Amend the budgeted (estimated) January 1, 2020 Fund Balance to reflect
the actual January 1 Fund Balance.
Actual Fund Balance, January 1, 2020 10,597,425
Budgeted Fund Balance, January 1, 2020 9,644,248
Increase Fund Balance, January 1, 2020 953,177
Exhibit H
2020 STORMWATER INFRASTRUCTURE FUND BUDGET
2020
2020
2020 YTD
Final
Adopted Amended
12/21/2020 Amended
Budget Budget
Adjust Budget Notes
Revenues
Charges for services
Escrow
Investment income (charges)
Total revenues
Expenditures - Capital outlay
Public works
Total expenditures
Excess (deficiency) of revenues
over expenditures
$1,052,264
$1,052,264
$ - $1,052,264
198
198
- 198
38,000
38,000
- 38,000
1,090,462
1,090,462
- 1,090,462
$ 7,090,839
$ 327,022
626,132
686,306
420,879 1,107,185 (3)(4)
626,132
686,306
420,879 1,107,185
464,330
404,156
(420,879) (16,723)
Other financing sources
Transfer to
Capital Proj. - Improv Const (105,000) (105,000) - (105,000)
Capital Proj. - Municipal State Aid (964,516) (1,090,491) (352,500) (1,442,991) (1)
Total other financing sources (uses) (1,069,516) (1,195,491) (352,500) (1,547,991)
Net change in fund balance
(605,186)
(791,335)
(773,379)
(1,564,714) (1)(3)(4)
Fund balance, January 1
7,882,174
7,882,174
1,100,401
8,982,575 (2)
Fund balance, December 31
$ 7,276,988
$ 7,090,839
$ 327,022
$ 7,417,861
Exhibit H
(1) Amend the budget for revised transfer estimates on the County Road 50
project, #15-12. This was a County led project and the City is expected to
reimburse the County early in 2021 for the City share of costs incurred in
2018, 2019 and 2020.
Other Financing Uses:
Transfer to Municipal State Aid Fund 352,500
Revenues:
Use of Fund Balance (352,500)
(2) Amend the budgeted (estimated) January 1, 2020 Fund Balance to reflect
the actual January 1 Fund Balance.
Actual Fund Balance, January 1, 2020 8,982,575
Budgeted Fund Balance, January 1, 2020 7,882,174
Increase Fund Balance, January 1, 2020 1,100,401
(3) Amend the budget for the stormwater portion of the purchase of 20308
Icalee Path (Doudrick property) in 2020.
Expenditures:
Capital Outlay - Public Works 120,879
Revenues:
Use of Fund Balance 120,879
(4) Amend the budget for additional stormwater outlot and trunk storm
oversizing costs (developer credits) incurred in 2020.
Expenditures:
Capital Outlay - Public Works 300,000
Revenues:
Use of Fund Balance 300,000
2020 WATER OPERATING FUND BUDGET
Operating revenues
User charges for services
Other
Total operating revenue
Operating expenses
Personnel services
Commodities
Other charges and services
Major maintenance
Total operating expenses
Operating income (loss)
Non-operating revenue
Intergovernmental
Investment income
Disposal of assets
Total non-operating revenue
Income (loss) before
contributions, transfers, and
depreciation
Contributed capital
Bond expense
Transfers to other funds
Depreciation
2020
2020 YTD
Adopted Amended
Budget Budget
$ 5,762,460 $ 5,762,460
133,479 133,479
5,895,939 5,895,939
Exhibit I
2020
Final
12/21/2020 Amended
Adjust Budget Notes
$ - $ 5,762,460
C 122 A70
- S,tsyS,ysy
1,279,486
1,279,486
-
1,279,486
359,080
359,080
32,350
391,430 (3)
1,409,280
1,409,280
48,879
1,458,159 (5)
1,100,793
1,261,809
222,875
1,484,684 (1), (4)
4,148,639
4,309,655
304,104
4,613,759
1,747,300 1,586,284 (304,104) 1,282,180
1,632
1,632
- 1,632
32,484
32,484
- 32,484
(10,000)
(10,000)
- (10,000)
24,116
24,116
- 24,116
1,771,416 1,610,400 (304,104) 1,306,296
1,000,000
1,000,000
- 1,000,000
(333,737)
(333,737)
- (333,737)
(703,367)
(703,367)
- (703,367)
(2,939,787)
(2,939,787)
- (2,939,787)
Total contributions, transfers,
and depreciation (net)
(2,976,891)
(2,976,891)
-
(2,976,891)
Change in net position
(1,205,475)
(1,366,491)
(304,104)
(1,670,595) (1)(3)(4)(5)
Net position, January 1
92,266,368
92,266,368
4,846,321
97,112,689 (2)
Net position, December 31
$ 91,060,894
$90,899,878
$4,542,217
$95,442,094
Capital outlay acquisitions
$ 2,810,808
$ 2,810,808
$ 3,540
$ 2,814,348 (3)(6)
Bond proceeds
$ 3,470,000
$ 3,470,000
$ -
$ 3,470,000
Debt principal payments
$ 470,000
$ 470,000
$ -
$ 470,000
Exhibit I
(1) Amend the budget for revised estimates on the County Road 70 project,
#20-05. This is a County led project and this is the anticipated adjustment
needed to cover watermain-related costs incurred on the project during
2020.
Expenses:
Major Maintenance 72,875
Revenues:
Use of Net Position 72,875
(2) Amend the budgeted (estimated) January 1, 2020 Net position to reflect
the actual January 1 Net position
Actual Net Position, January 1, 2020 97,112,689
Budgeted Net Position, January 1, 2020 92,266,368
Increase Net Position, January 1, 2020 4,846,323—
(3) Amend the budget for Motorola radios, which were budgeted in capital
equipment but do not meet the capitalization threshold and thus recorded
in exoenses.
Expenses:
Commodities 32,350
Offsetting adjustment:
Capital Outlay Acquisitions 32,350
(4) Amend the budget for estimated costs incurred in 2020 for a watermain
break at 165th St and Ipava Ave.
Expenses:
Major Maintenance 150,000
Revenues:
Use of Net Position 150,000
(5) Amend the budget for WonderWare SCADA costs incurred in 2020, which
were initially budgeted in 2019.
Expenses:
Other Charges and Services 48,879
Revenues:
Use of Net Position 48,879
(6) Amend the budget for the purchase of two new pickup truck costs
incurred in 2020, which were initially budgeted in 2019. Note this amount
is half of the total cost as the cost is split with the Sanitary Sewer
nnPratinP Rind.
Expenses:
Capital Outlay Acquisitions 35,890
Revenues:
Use of Net Position 35,890