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Home My WebLink About248-24 RESOLUTIONFile Number: 2024-510 113 West Mountain Street Fayetteville , AR 72701 (479) 575-8323 Resolution: 248-24 STATE FIRE PROTECTION SERVICES PROGRAM-ACT 833 (BUDGET ADJUSTMENT): A RESOLUTION TO APPROVE A BUDGET ADJUSTMENT IN THE AMOUNT OF $32,658.00 ALLOCATING STATE FIRE PROTECTION SERVICES PROGRAM FUNDS FOR THE PURCHASE OF FIRE EQUIPMENT WHEREAS , the State Fire Protection Services Program (Act 833 of I 991) provides fundin g to qualified fire departments for firefighting training, procurement of new or modernization of existing firefighting equipment, and capital expenditures and/or security pledges to be used in the financing of firefi g hting equipment, initial capital construction , or improvement of fire departments ; and WHEREAS , thi s program is funded through a one-half of I% premium tax on fire insurance policies and the funds are distributed to counties within the State of Arkansas ; and WHEREAS , each county decides how the funds are distributed to municipal a nd rural fire departments within the county; and WHEREAS , to receive funds , each fire department must complete a certification application and expenditure report on an annual basis. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section I: That the City Council of the City of Fayetteville , Arkansas hereby approves a budget adju stment, a copy of which is attached to this Resolution , in the amount of $32 ,658 .00 allocating State Fire Protection Services Program fund s for the purchase of fire equipment. PASSED and APPROVED on October I , 2024 Attest: Page 1 Mailing address: 113 W. Mountain Street Fayetteville, AR 72701 www.fayetteville-ar.gov CITY COUNCIL MEMO 2024-510 MEETING OF OCTOBER 1, 2024 TO: Mayor Jordan and City Council THRU: Brad Hardin, Fire Chief FROM: Granville Wynn, Financial Analyst - Fire SUBJECT: Staff requests Council Approval of a Budget Adjustment allocating ACT 833 funds for the purchase of fire equipment. RECOMMENDATION: Staff requests Council Approval of a Budget Adjustment allocating ACT 833 funds for the purchase of fire equipment. BACKGROUND: The State Fire Protection Services Program - Act 833 of 1991 provides funding to qualified fire departments for fìrefighting training, procurement of new or modernization of existing firefighting equipment, and capital expenditures and/or security pledges to be used in the financing of firefighting equipment, initial capital construction, or improvement of fire departments. DISCUSSION: The aforementioned program is funded through a half of 1% premium tax on fire insurance policies. The funds are distributed through a formula to counties within the State of Arkansas. Each county decides how the funds are distributed to municipal and rural fire departments within the county. To receive funds, each fire department must complete a certification application and expenditure report on an annual basis. BUDGET/STAFF IMPACT: Approval of this Budget Adjustment will allow for allocation and usage of existing ACT 833 funds. This Adjustment will move the funds from the ACT 833 Escrow account to a Fire G/L Account to allow for procurement of fire equipment. ATTACHMENTS: SRF (#3), BA (#4) Page 1 City of Fayetteville, Arkansas Legislation Text 113 West Mountain Street Fayetteville, AR 72701 (479) 575-8323 File #: 2024-510 Staff requests Council Approval of a Budget Adjustment allocating ACT 833 funds for the purchase of fire equipment. A RESOLUTION TO APPROVE A BUDGET ADJUSTMENT IN THE AMOUNT OF $32,658.00 ALLOCATING STATE FIRE PROTECTION SERVICES PROGRAM FUNDS FOR THE PURCHASE OF FIRE EQUIPMENT WHEREAS, the State Fire Protection Services Program (Act 833 of 1991) provides funding to qualified fire departments for firefighting training, procurement of new or modernization of existing firefighting equipment, and capital expenditures and/or security pledges to be used in the financing of firefighting equipment, initial capital construction, or improvement of fire departments; and WHEREAS, this program is funded through a one-half of 1% premium tax on fire insurance policies and the funds are distributed to counties within the State of Arkansas; and WHEREAS, each county decides how the funds are distributed to municipal and rural fire departments within the county; and WHEREAS, to receive funds, each fire department must complete a certification application and expenditure report on an annual basis. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1: That the City Council of the City of Fayetteville, Arkansas hereby approves a budget adjustment, a copy of which is attached to this Resolution, in the amount of $32,658.00 allocating State Fire Protection Services Program funds for the purchase of fire equipment. City of Fayetteville Staff Review Form 2024-510 Item ID 10/1/2024 City Council Meeting Date - Agenda Item Only N/A for Non-Agenda Item Brad Hardin 9/3/2024 FIRE (300) Submitted By Submitted Date Division / Department Action Recommendation: Staff requests Council Approval of a Budget Adjustment allocating ACT 833 funds for the purchase of fire equipment. Budget Impact: 1010.300.3020-5210.00 General Account Number Fund 33047.1 ACT 833 Project Number Project Title Budgeted Item?Yes Total Amended Budget $225,166.00 Expenses (Actual+Encum)$191,078.59 Available Budget $34,087.41 Does item have a direct cost?No Item Cost $- Is a Budget Adjustment attached?Yes Budget Adjustment $32,658.00 $38.00 Remaining Budget $66,745.41 V20221130 Purchase Order Number:Previous Ordinance or Resolution # Change Order Number:Approval Date: Original Contract Number: Comments: City of Fayetteville, Arkansas - Budget Adjustment (Agenda) Budget Year Division /Org2 FIRE (300) Adjustment Number 2024 Requestor:Brad Hardin BUDGET ADJUSTMENT DESCRIPTION / JUSTIFICATION: Staff requests Council Approval of a Budget Adjustment allocating ACT 833 funds for the purchase of fire equipment. COUNCIL DATE:10/1/2024 ITEM ID#:2024-510 Holly Black 9/5/2024 8:33 AM Budget Division Date TYPE:D - (City Council) JOURNAL #: GLDATE: RESOLUTION/ORDINANCE CHKD/POSTED:/ v.2024826TOTAL32,658 32,658 Increase / (Decrease)Project.Sub# Account Number Expense Revenue Project Sub.Detl AT Account NameGLACCOUNTEXPENSEREVENUEPROJECTSUBATDESCRIPTION X 1010.300.3020-4308.00 -9,542 33047 1 RE Public Safety Acts - Fire Act 833 1010.300.3020-5210.00 9,542 -33047 1 EX Minor Equipment 1010.300.3020-5911.00 (9,542)-33047 900 EX Contingency - Savings Other 1010.300.3020-4308.00 -(9,542)33047 900 RE Public Safety Acts - Fire Act 833 -- 1010.300.3020-4308.00 -32,658 33047 1 RE Public Safety Acts - Fire Act 833 1010.300.3020-5210.00 32,658 -33047 1 EX Minor Equipment -- -- -- -- -- -- -- -- -- -- -- 1 of 1