HomeMy WebLinkAboutResolution 15-2002 RESOLUTION NO. 15-02
RESOLUTION AUTHORIZING USE OF THE CONTINGENCY FUND
WHEREAS,the City Council has adopted an ordinance authorizing a charter
commission and no budget has been provided, and
WHEREAS, staff support and legal support to the Commission will be provided by the
City of Brookings, and
WHEREAS,the Commission may still have a need for funding, and
NOW THEREFORE BE IT RESOLVED,that up to $5,000 be made available from
Contingency, if necessary, for the Charter Commission to carry out its duties as outlined in the
enabling ordinance, and
BE IT AUTHORIZED by the City Council that the City Manager is hereby authorized
to make the transfers if necessary and report to the Council.
PASSED and ADOPTED this 8�' day of April, 2002.
CITY OF BROOKINGS
G��V�F BR�G Mayor V' g' H. Herriott
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Shari Thornes, City Clerk
� Memorandum
To: Mayor Herriott and the Brookings City Council
cc: Interested Parties
F�: Michael Williams, City Manager
Date: April 3, 2002
Re: Budget Adjustment
Attached is a resolution authorizing adjustments to the budget. This memo should explain the
changes.
Revenues: -
1. Property Tax. I utilized information on the City's total assessment as received from the
County. The certified assessment was lower than the preliminary provided to me and results
in$5,755 less in property taxes available.
2. Fire Department Revenue. We over-estimated the amount of income that might be able to
be gained by establishing some fees for calls and the various inspections and plan reviews
conducted by the fire department. Fees have been instituted, but a charge for calls outside
the city limits has not. We have some difficulty with implementing such a charge so that it
is fair and able to be administered. I budgeted$45,000 in revenue and will reduce that by
$28,527 to $16,473.
• 3. Insurance Refund/Dividend. We received $18,342 in dividend for property insurance and
budgeted only$10,000.
Conclusion: These revenue changes leave me looking for a reduction in expenditure of
$25,941.
Expenditures
1. Performance Pay. The use of performance pay is an administrative decision, but I did not
utilize all the performance pay available and can reduce expenditures by$4,362.
2. ECMH. The ECMH agency was paid three payments in 2001. We will only make '/z of its
appropriation this year.
3. Insurance. Property and liability insurance resulted in a savings of$4,079. Actually with
the Enterprise funds it was more than that, but I have offset those savings by not transferring
performance pay to those funds.
4. Street—Contracting Services. With the mild winter, I will reduce the snow removal budget
by$10,000.
Result
1. The net result is a total expenditure reduction of$25,941 to meet the known revenue
reductions. Sales tax revenues are so far well above prediction.
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