To: Town Commission
From: Stefan Massol, Director of Support Services
Date: 5/15/2018
______________________________________________________________________
Subject:
Title
Resolution 2018-29, Amendment to FY 2017-18 Budget
Summary:
Town staff is requesting that the budget be amended for Fiscal Year 2017-18.
End
Body
Previous Commission Action: Town Commission approved the FY 2017-18 Annual Budget in September 2017.
Background/Problem Discussion: The town is seven months into the current fiscal year. In that time several expenditure needs have been identified. Staff is requesting that those needs be memorialized through formal adoption of a budget amendment resolution. An overview is provided for each fund:
General Fund:
1) Public outreach and town marketing using funds which the town is expecting to receive through publication of a town guide for residents ($5,000)
2) Purchase of three bulletproof vests using police equipment donation funds ($3,000)
Solid Waste Fund:
3) Replacement of the Grapple Truck using accumulated reserves in the Solid Waste Fund ($135,853).
Financial Implications: Please see attached detail of the budget amendment for a complete line-item detail.
Recommendation: Approval of Resolution 2018-29
Proposed Motion: Motion to approve Resolution 2018-29