6.0. SR 09-06-1994 - Laserfiche WebLink

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. If the equipment transfers are used as outlined above, and the truck is purchased now, the City reserves from a general and conservative point of view would look like the following: Before budget $70,000/undesignated $55,000/streets (minus any additional street loader expenses) $35,000/parks $ 4,100/fire Expenditures $22,300/undesignated $ 5,000/streets $18,100/parks $ 2, 100lfire "New" Balance $47,700/undesignated $50,000/streets $16,900/parks $ 2,000/fire . Two additional "cuts" in the capital outlay list include purchasing the $2,000 worth of administration equipment now out of the 1994 budget and purchasing the $10,000 police copy machine now out of the 1994 City Council Contingency budget. This copy machine may end up being a leaselpurchase item. This will further reduce the budget gap bv $12.000. A big capital outlay item that needs to be reviewed is the $70,000 fire department equipment reserve request. It is suggested that this amount be reduced by $60,000 and $10,000 remain in this line item. This will reduce the budget gap bv $60.000. We can begin a fire department equipment reserve with this $10,000 plus using some of the remaining funds generated from the sale of the old City Hall site to UP A. We can begin the fire department equipment reserve with $30,000 from this reserve and then add $10,000 from the 1995 General Fund. (The remaining money from the UPA sale, approximately $25,000, has been placed in the major equipment repair reserve.) One final capital outlay item that can be deleted to reduce the budget gap bv $6.000 relates to the building and zoning computers. We should cut these items and use the $6,000 that is in the 1994 data processing budget for this expenditure. . The City Council certainly will have other ideas on the use of the City equipment reserve transfers, the amount of these transfers, items that can be