Title
AN ORDINANCE AMENDING ORDINANCE NO. 14-139 MAKING APPROPRIATIONS FOR THE CURRENT EXPENSES AND OTHER EXPENDITURES OF THE CITY OF HUDSON DURING THE FIRST QUARTER OF THE FISCAL YEAR ENDING DECEMBER 31, 2015 BY MAKING ADDITIONAL AND/OR AMENDED APPROPRIATIONS.
Executive Summary: This Ordinance will amend the 2015 budget for additional and/or amended appropriations as listed in the attached Exhibit A.
Body
Legislative History
Ordinance 14-139 established appropriations (ie. budget) for 2015. It was passed December 17, 2014.
Purpose & Explanation
This ordinance amends the budget for expenditures for additional and/or amended appropriations for items that were not included in the 2015 budget or require an adjustment to budget.
These items are discussed in detail on the attached Exhibit A.
NOTE: We amended the original memo to include the $82,054 advance from the General Fund for the golf course replacement equipment purchases. The advance is to be repaid by the golf course.
We also added the impact of the additional appropriations on the General Fund to the end of the memo for informational purposes.
Timing Considerations
We would like this Ordinance to be passed immediately to allow the requests to proceed.
Fiscal Impact
Currently Budgeted
X Supplemental Appropriation Required
Appropriation Not Required.
Recommendation
Suggested Action
Staff recommends passing the Ordinance amending 2015 appropriations.
Submitted by,
Jane Howington, City Manager
Jeffrey F. Knoblauch, Finance Director