HomeMy WebLinkAbout138-94 RESOLUTIONRESOLUTION NO. 138-94
'r4ICROFILMED
A RESOLUTION APPROVING A BUDGET ADJUSTMENT IN
THE AMOUNT OF $53,400.00 TO INCREASE FUNDING FOR
PARTS AND CONTRACT SERVICES FOR THE SHOP FUND.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
FAYETTEVILLE, ARKANSAS:
Section 1. The Council hereby approves a hudget adjustment in the amount of
$53,400.00 to increase Paris, Oil 8z. Accessories, Acct. No. 9700 1910 5214 00 ($20,000.00);
Insurance, Acct No. 9700 1910 5311 00 ($12,900.00); and Contract Services, Acct. No. 9700
1910 5315 00 (20,500.00) by decreasing Investment Earnings, Acct. No. 9700 0970 6708 00.
A copy of the hudget adjustment is attached hereto marked Exhibit "A" and made a part hereof.
PASSED AND APPROVED this 20th day of December , 1994.
ATTEST:
By:
Traci Paul, City Clerk
APPROVED:
By:
Fred Hanna, Mayor
City of Fayetteville, Arkansas
Budget Adjustment Form
•
Budget Year
1994
Department:Administrative Services
Division: Fleet Operations
Program. Fleet Maintenance
Date Requested
December 20, 1994•
Adjustment tP
Additional funding is requested for Parts, Oil & Accessories,
Insurance and Contract Services.
Project or Item Deleted: None: Recognizing additional interest
income is proposed to fund this request. Interest earnings have been
higher han anticipated in part due to the schedule delay in replacing
some o the high maintenance equipment.
Justification of this Increase: This additional funding is requested
due to the marked increase in repair parts and repair services
required to keep the City's fleet operational. See attached memo
from Fleet Operations for further information. Additional funding
is requested for insurance due to a rate increase based on the City's
claim experience.
Justification of this Decrease:
Increase
Account Name Amount Account Number Project Number
Parts, Oil & Accessories
Insurance
Contract Services
20,000 9700 1910 5214 00
12,900 9700 1910 5311 00
20,500 9700 1910 5315 00
Decrease
Account Name Amount Account Number Project Number
Investment Earnings
53,400 9700 0970 6708 00
Approval Signatures
5/eta/
Requested
Budget Coordinator
12/2/94
12/2/94
Budget Office Use Only
Type: A B C D
Date of Approval
Posted to General Ledger
E
F
Entered in Category Log
Budget Office Copy