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HomeMy WebLinkAbout214-22 RESOLUTIONa •raxnNs�� 113 West Mountain Street Fayetteville, AR 72701 (479) 575-8323 Resolution: 214-22 File Number: 2022-0817 WATER AND SEWER DIVISION MINOR EQUIPMENT: A RESOLUTION TO APPROVE A BUDGET ADJUSTMENT IN THE AMOUNT OF $25,000.00 TO APPROPRIATE FUNDS FOR MINOR EQUIPMENT PURCHASES BY THE WATER AND SEWER DIVISION THAT MAY OCCUR IN 2022 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 in the amount of $25,000.00 to appropriate funds for minor equipment purchases by the Water and Sewer Division that may occur in 2022. PASSED and APPROVED on 9/20/2022 Attest: 0RK {�RFgs'�. �; • •�+�� Y i1�` ••G� x� ^U, I-AYETTEVII_LL� ►_ '''_= Kara Paxton, City C• erk Treasurer ��.��.�`� • • . • � J2� f ref ." Ali i0 i�si►a Page 1 Printed on 9122122 City of Fayetteville, Arkansas 113 West Mountain Street Fayetteville, AR 72701 (479)575-8323 Text File File Number: 2022-0817 Agenda Date: 9/20/2022 Version: 1 Status: Passed In Control: City Council Meetinq File Type: Resolution Agenda Number: A.7 WATER AND SEWER DIVISION MINOR EQUIPMENT: A RESOLUTION TO APPROVE A BUDGET ADJUSTMENT IN THE AMOUNT OF $25,000.00 TO APPROPRIATE FUNDS FOR MINOR EQUIPMENT PURCHASES BY THE WATER AND SEWER DIVISION THAT MAY OCCUR IN 2022 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 in the amount of $25,000.00 to appropriate funds for minor equipment purchases by the Water and Sewer Division that may occur in 2022. City of Fayetteville, Arkansas Page 1 Printed on 912212022 City of Fayetteville Staff Review Form 2022-0817 Legistar File ID 9/20/2022 City Council Meeting Date - Agenda Item Only N/A for Non -Agenda item Tim Nyander 9/1/2022 WATER SEWER (720) Submitted By Submitted Date Division / Department Action Recommendation: Staff recommends approval of a budget adjustment in the amount of $25,000.00 to cover minor equipment purchases by the Water & Sewer Division through the end of 2022. 5400.720.4000-5210.00 Account Number N/A Project Number Budgeted Item? Yes Budget Impact: Current Budget Funds Obligated Current Balance Does item have a cost? No Item Cost Budget Adjustment Attached? Yes Budget Adjustment Remaining Budget Water and Sewer Fund N/A Project Title $ 135,069.00 $ 127,537.52 I 7,531.48 $ 25,000.00 32,531.48 V20210527 Purchase Order Number: Previous Ordinance or Resolution # Change Order Number: Approval Date: Original Contract Number: Comments: CITY OF FAYETTEVILLE ARKANSAS MEETING OF SEPTEMBER 20, 2022 TO: Mayor and City Council THRU: Susan Norton, Chief of Staff FROM: Tim Nyander, Utilities Director DATE: September 2, 2022 CITY COUNCIL MEMO SUBJECT: Budget Adjustment for Water & Sewer Minor Equipment Account RECOMMENDATION: Staff requests a Budget Adjustment in the amount of $25,000 to cover minor equipment purchases through the end of 2022. BACKGROUND AND DISCUSSION: The Water & Sewer Division purchased some leak detection equipment and other minor equipment vital to the operation of the department. With materials being more expensive than in years past, a budget adjustment in the amount of $25,000.00 to cover the remaining minor equipment expenses for 2022. The dollar amount that is anticipated to be spent on minor equipment requires a budget adjustment to cover minor equipment purchases through the end of 2022. BUDGET/STAFF IMPACT: Funds are available in the Utilities Fund Balance (Reserves) to transfer into the minor equipment account within the Water and Sewer fund. Attachments: Budget Adjustment Mailing Address: 113 W. Mountain Street www.fayetteville-ar.gov Fayetteville, AR 72701 City of Fayetteville, Arkansas - Budget Adjustment Form (Legistar) Budget Year Division Adjustment Number /Org2 WATER SEWER (720) 2022 Requestor: Cheryl Partain BUDGET ADJUSTMENT DESCRIPTION / JUSTIFICATION: A budget adjustment is needed in the minor equipment operational accounts for both water and sewer to cover the cost of minor equipment for water/sewer. With the purchase of additional leak detection equiment vital to the operation of the department and with materials being more expensive than in years past, additional funds are needed to cover the costs for the remaining of the year. COUNCIL DATE: 9/20/2022 LEGISTAR FILE ID#: 2022-0817 Kevi YvSprr 9/2/2022 11:07 AM Budget Director Date TYPE: D - (City Council) JOURNAL #: GLDATE: RESOLUTION/ORDINANCE CHKD/POSTED: TOTAL 25,000 25,000 v.20220818 Increase / (Decrease) Proiect.Sub# Account Number Expense Revenue Project Sub.Detl AT Account Name 5400.720.4000-5210.00 25,000 EX Minor Equipment 5400.720.4000-4999.99 25,000 RE Use Fund Balance - Current H:\Budget Adjustments\2022_Budget\CITY COUNCIL\09-20-22\2022-0817 BA Water Sewer Minor Equipmentxlsm 1 of 1