Laserfiche WebLink
<br />e <br /> <br />e <br /> <br />REQUEST FOR CITY COUNCIL AGENDA ITEM <br /> <br />Agenda Date Requested: <br /> <br /> <br />Appropriation <br /> <br />Requested By: <br /> <br />Source of Funds: Various <br /> <br />Department: J:inaAl:e <br /> <br />Account Number: Various <br /> <br />Report: X Resolution: <br /> <br />Ordiilance: <br /> <br />Amount Budgeted: YES <br /> <br />Exhibits: <br /> <br />Amount Requested: <br /> <br />Exhibits: <br /> <br />Budgeted Item: YES ~ NO <br /> <br />Exhibits: <br /> <br />SUMMARY & RECOMMENDATION <br /> <br />The City's fiscal year ended September 30, 2003, At that time, there were 22 outstanding .purchase orders, and <br />encumbrances. The purchase orders represent goods that were ordered and budgeted funds that were committed to <br />procure items necessary to operate the City. We need to re-establish these items for the new fiscal year, This action <br />will have no effect on the working capital of the various funds, <br /> <br />A breakdown of the open purchase orders, and encumbrances by operating fund are as follows: <br /> <br />Fund <br />General Fund <br />Utility CIP Fund <br />Sylvan Beach Fund <br />Vehicle Replacement Fund <br />General CIP Fund <br />Technology Fund <br />Golf Course Fund <br />Total <br /> <br />Number <br />10 <br />I <br />I <br />2 <br />4 <br />3 <br />---1 <br />22 <br /> <br />Amount <br />$140,055,00 <br />21,600.00 <br />1,606,00 <br />99,957,00 <br />115,821.50 <br />22,595,00 <br />25.000.00 <br />426,634,50 <br /> <br />The above amendments will not have an impact on the projected working capital balances for fiscal year 2004 because <br />they were budgeted in the fiscal year 2003. <br /> <br />Action Required by Council: <br /> <br />We are requesting that City Council instruct the Assistant City Manager to amend the various operating budgets for <br />outstanding purchase orders, This is a routine annual tranSaction to validate open purchase orders, <br /> <br /> <br />lol-3-d.5 <br /> <br />Date <br />