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1992-01-13 Regular Meeting
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1992-01-13 Regular Meeting
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City Meetings
Meeting Body
City Council
Meeting Doc Type
Minutes
Date
1/13/1992
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s ~ <br />REQUEST FOR CITY COUNCIL AGENDA ITEM <br />AGENDA DATE REQUESTED January 13, 1992 <br />REQUESTED Jeff Litchfield DEPARTMENT Director of Finance <br />X REPORT RESOLUTION ORDINANCE <br />EXHIBITS: Ordinance <br />SUMMARY AND RECOMMENDATION <br />The City's fiscal year ended September 30, 1991. At that time, there were 78 <br />outstanding purchase orders. The purchase orders represent goods that were <br />ordered and budgeted funds that were committed to procure items necessary to <br />operate the City. We need to re-establish these items for the new fiscal <br />year. This action will have no effect on the working capital of the various <br />funds. <br />A breakdown of the "open" purchase orders by operating fund are as follows: <br />Fund <br />Number Amount <br />General Fund 58 $ 73,392 <br />Utility Fund 10 6,198 <br />Sylvan Beach Fund 1 1,680 <br />Vehicle Replacement 1 176,653 <br />Vehicle Maintenance 4 1,456 <br />Golf Course 4 16,460 <br />Total 78 $ 275,839 <br />The above amendments will not have an impact on the projected working capital <br />balances for the year because they were all projected to be expended in the <br />last fiscal year. <br />ACTION REQUIRED BY COUNCIL: <br />Instruct the Director of Finance to amend the various operating budgets as <br />follows: <br />General Fund $ 73,392 <br />Utility Fund 6,198 <br />Sylvan Beach Fund 1,680 <br />Vehicle Replacement 176,653 <br />Vehicle Maintenance 1,456 <br />Golf Co urse 16,460 <br />AVAILABILITY OF FUNDS: <br />GENERAL FUND <br />UTILITY FUND <br />ACCOUNT NUMBER: NSA FUNDS AVAILABLE <br />OTHER <br />YES NO <br />APPROVED FOR CITY COUNCIL AGENDA <br />b 1 ~ ~S`~ Z <br />ROBERT T HERRERA DATE <br />CITY MANAGER <br />
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