Loading...
HomeMy Public PortalAboutAB 14-112 Contingent Revenue and Contingent Expense Line Item Transfers for Unanticipated Revenue McCALL CITY COUNCIL 216 East Park Street AGENDA BILL McCall, Idaho 83638 Number AB 14-112 Meeting Date June 12, 2014 AGENDA ITEM INFORMATION  SUBJECT: Contingent Revenue and Contingent Expense line Item transfer for unanticipated revenue Department Approvals Initials Originator or Supporter   Mayor / Council     City Manager     Clerk     Treasurer  Originator   Community Development     Police Department     Public Works     Golf Course    COST IMPACT: $57,131 Parks and Recreation    FUNDING SOURCE: ITD Office of Highway Safety Grant $23,500, $5,956 Edward Byrne Grant, Capital Matrix $15,000, ICRMP Insurance Claims $10,938, Sale of Surplus Property $1,287, Private Contributions – Public Art $450 Airport      Library    TIMELINE: N/A Information Systems      Grant Coordinator    SUMMARY STATEMENT: The City of McCall was awarded $23,500 from the Idaho Transportation Department Office of Highway Safety for traffic enforcement mobilization during FY14 for overtime reimbursement and equipment incentives, $5,596 from Idaho State Police Edward Byrne Memorial Justice Assistance Grant Program to purchase tactical vests for the McCall Police Department, and $15,000 from Capital Matrix for planning expenditures for the Downtown Master Plan. The City filed insurance claims totaling $10,938 to ICRMP for damage to two police vehicles, a street lamp (light post), and for damage to City servers & components due to voltage irregularities. Community Development, GIS was able to sell surplus GIS Equipment for $1,287. Due efforts of the Public Art Committee the City has received $450 in donations. These revenues were not included in the FY14 budget. In order to use these funds in FY14, contingent revenue and contingent expense line item transfers must be made. See the attached memo for the detail of each line item transfer and the intended use of these unanticipated revenues.  RECOMMENDED ACTION Approve the contingent revenue and contingent expense line item transfers.  RECORD OF COUNCIL ACTION  MEETING DATE ACTION