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HomeMy WebLinkAbout87-21 RESOLUTION113 West Mountain Street Fayetteville, AR 72701 (479) 575-8323 Resolution: 87-21 File Number: 2021-0143 HAZMAT SERVICES REVENUE: A RESOLUTION TO APPROVE A BUDGET ADJUSTMENT IN THE AMOUNT OF a2,733.00 RECOGNIZING HAZMAT SERVICES REVENUE RECEIVED FROM PROGRESSIVE INSURANCE AND INCREASING THE RELATED EXPENSE BUDGET 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 the attached budget adjustment in the amount of $2,733.00 recognizing hazmat services revenue received from Progressive Insurance and increasing the related expense budget. PASSED and APPROVED on 3/16/2021 Attest: `1�1tK 1111fjf FAYE7?EVILLE;�� Kara Paxton, City Clerk T-easurec , :�z•. ,DN"�v�,�� Page 1 Printed on 3117121 City of Fayetteville, Arkansas 113 West Mountain Street Fayetteville, AR 72701 1 (479)575-8323 �\ Text File File Number: 2021-0143 Agenda Date: 3/16/2021 Version: 1 Status: Fassed In Control: City Council Meeting File Type: Resolution Agenda Number: A.4 HAZMAT SERVICES REVENUE: A RESOLUTION TO APPROVE A BUDGET ADJUSTMENT IN THE AMOUNT OF $2,733.00 RECOGNIZING HAZMAT SERVICES REVENUE RECEIVED FROM PROGRESSIVE INSURANCE AND INCREASING THE RELATED EXPENSE BUDGET 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 the att3zhed budget adjustment in the amount of $2,733.00 recognizing hazmat services revenue received from Progressive Insurance and increasing the related expense budget. City of Fayetteville, Arkansas Page 1 Printed on 3117/2021 City of Fayetteville Staff Review Form 2021-0143 Legistar File ID 3/16/2021 City Council Meeting Date - Agenda Item Only N/A for Non -Agenda Item Brad Hardin 2/22/2021 RRE (300) Submitted By Submitted Date Division / Department Action Recommendation: Approval of a budget adjustment in the amount of $2,733 to recognize Hazmat Services levenue received from Progressive Insurance and increase related expense budget. Budget Impact: 1010.300.3040-5218.01 Account Number Project Number Budgeted Item? Yes Current Budget Funds Obligated Current Balance Does item have a cost? No Item Cost Budget Adjustment Attached? Yes Budget Adjustment Remaining Budget General Fund Fund Project Title $ 10,500.00 $ 1,310.09 $ 9,189.91 $ 2,733.00 $ 11,922.91 V20180321 Purchase Order Number: Previous Ordinance or Resolution # Change Order Number: Origiral Contract Number: Comments: Approval Date: CITY OF Q FAYETTEVILLE ARKANSAS MEETING OF MARCH 16, 2021 TO: Mayor and City Council FROM: Brad Hardin, Fire Chief DATE: February 22, 2021 CITY COUNCIL MEMO SUBJECT: Approval of a budget adjustment in the amount of $2,733 to recognize Hazmat Services Revenue received from Progressive Insurance and increase related expense budget. RECOMMENDATION: Approval of a budget adjustment in the amount of $2,733 to recognize Hazmat Services Revenue received from Progressive Insurance and increase related expense budget. DISCUSSION: The City of Fayetteville has received $2,733 of Hazmat Services Revenue from Progressive Insurance on behalf of Johal Transport, Inc. for a Hazmat Response on January 7, 2021. The Fire Department would like to utilize the revenue to offset costs for the Fayetteville Hazmat Team. It will also be utilized to cover expenses for training and related expenses. These purchases will be vital to the efficient and effective operation of the Hazmat Response Operations of the Fire Department. BUDGET/STAFF IMPACT: Increase expenses to correspond with hazmat services revenue received. Attachments: Budget Adjustment for Hazmat Revenue Mailing Address: 113 W. Mountain Street www.fayetteville-ar.gov Fayetteville, AR 72701 City of Fayetteville, Arkansas - Budget Adjustment Form (Legistar) Budget Year Division FIRE (300) /Org2 2021 I Requestor: Brad Hardin Adjustment Number BUDGET ADJUSTMENT DESCRIPTION / JUSTIFICATION: Approval of a budget adjustment in the amount of $2,733 to recognize Hazmat Services Revenue received from Progressive Insurance and increase related expense budget. COUNCIL DATE: 3/ 1 6/2021 LEGISTAR FILE ID#: 2021-0143 Matthew Pal addoxv 212312021 8:45 AM Budget Director TYPE: JOURNAL #: Date D - (City Council) GLDATE: 3/16/2021 RESOLUTION/ORDINANCE CHKD/POSTED: / TOTAL 2,733 2,733 v.20210104 Increase / (Decrease) Proiect.Sub# .Account Number Expense Revenue Project Sub.Detl AT Account Name 1010.300.3040-5218.01 2,733 - EX Fire Fighting Supplies - HAZMAT Equipme 10.10.300.3040-4401.08 - 2,733 RE Reimburseme its - HAZMAT Interlocal Re, F:\Budget Adjustments\2021_Budget\City Council\03-16-2021\2021-0143 BA Hazmat Revenue - Fire 1 of 1