Resolution - #92-05-083 - 05/12/1992

Home

Councilmember Peterson introduced the following resolution and movedffor its adoption: RESOLUTION #92-05-083 RESOLUTION AUTHORIZING AMENDMENT #1 TO THE CITY OF RAMSEY'S GENERAL FUND BUDGET WHEREAS, the Minnesota House and Senate have passed a tax bill which placed a new sales tax on local government purchases effective June 1, 1992, repeals City levy limits effective with taxes payable in 1993 and provides for a Local Government Aid reduction in the event of a State sales tax revenue shortfall during 1992; and WHEREAS, at the Budget Committee meeting of April 28, 1992, in anticipation of this action and certain other unplanned revenue or expenditures, Staff recommended the following amendments to the City's General Fund Budget for 1992: REVENUE CHANGES A reduction in Local Government Aid or similar State aid programs An increase due to receipt of a D.A.R.E. grant An increase due to POST Board reimbursement NET REVENUE DECREASE $25,000 (3,100) (1,2oo) $20,700 EXPENDITURE CHANGES Increase the City's contingency or reserve account for: 1990 invoice from Bums Township $3,988 Underfunded wage packages 10,841 General contingency 14,187 Increase contingency/reserve $29,016 Budget Cuts Required 29,016 $49,716 Decrease funded expenditures: Department training budgets previously frozen Restore a City-wide training budget to be allocated amongst departments on a case by case basis by the City Administrator Administrative Services: Supplies Finance Department: Audit costs Publishing Subscriptions $700 600 30 $11,862 (5,931) 1,000 1,330 Engineering Department: Professional services 2,600 Public Works Department: Capital - loader Capital - track savings PT wages - wing 27,768 1,300 4,000 33,068 Parks and Recreation: Elk River Community Ed Traprock satellite Peltzer security light 3,500 215 72 3,787 Police Department: Turn-out gear 1,000