4.7. SR 12-16-2002 - Laserfiche WebLink

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Adminsitrative budget amendments have not been included in the attachment since they are simply transfers from one budget category to another within the same department. The amendments attached include requests for two new purchases; all of the other items have either been approved by the Council during the year or are adjustments to reflect significant variances from the budgeted amount. The two new budget requests are both public safety related. Attached is a memo from Assistant Police Chief Jeff Beahen requesting a change in the weapons used by the department. While the request requires an initial investment of approximately $7,550, it will result in an annual savings of approximately $2,250 in 2003 and $5,000 thereafter. Funds for this purchase are requested to be transferred from the patrol personal service budget which is under budget due to military leave for an officer. The other request is from Fire Chief Bruce West for a LCD projector. This projector will be used for training so that the other projector can be used in the Emergency Operations Center. The $3,750 for this purchase would come from the Contingency budget. As you can see, the budget amendments do not increase the total budget. Although building and related permit revenues have exceeded the budget, fine revenue is far below the budget offsetting other revenues increases. Last year building permit related revenues exceeded the budget by $380,000 and plan check fees exceeded the budget by $115,000. This year building permit revenues are over budget by approximately $80,000, but plan fees are at the budgeted level. This is why it is important to not overestimate building and planning revenues during the budget process. We don't want to become too reliant on revenues that are subject to significant fluctuation due to economic conditions. On the expenditure side, department heads have been watching their budgets very closley because of the changes in the economy and possible aid cuts due to the State deficit. As a result, projected year end expenditures in total are within the original budgeted amounts. Action Requested The Council is asked to consider the 2002 General Fund Budget Amendments as attached.