LEGISLATIVE ACTION ITEM
SPONSOR: D.C. Reeves, Mayor
SUBJECT:
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SUPPLEMENTAL BUDGET RESOLUTION NO. 2023-063 - APPROPRIATING FUNDING FOR GENERATOR AT FIRE STATION 4
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RECOMMENDATION:
recommendation
That City Council adopt Supplemental Budget Resolution No. 2023-063.
A RESOLUTION AUTHORIZING AND MAKING REVISIONS AND APPROPRIATIONS FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 2023; PROVIDING FOR AN EFFECTIVE DATE.
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HEARING REQUIRED: No Hearing Required
SUMMARY:
City Council is being requested to adopt a supplemental budget resolution to recognize insurance proceeds in the amount of $46,179 received from Liberty Mutual Insurance for the damage of the generator at fire station 4.
PRIOR ACTION:
None
FUNDING:
Budget: $ 46,179
Actual: $ 46,179
FINANCIAL IMPACT:
Adoption of the Supplemental Budget Resolution will appropriate insurance proceeds into LOST IV - Replacement Generator at Fire Station 4.
LEGAL REVIEW ONLY BY CITY ATTORNEY: Yes
8/21/2023
STAFF CONTACT:
Kerrith Fiddler, City Administrator
Amy Lovoy, Finance Director
ATTACHMENTS:
1) Supplemental Budget Resolution No. 2023-063
2) Supplemental Budget Explanation No. 2023-063
PRESENTATION: No end