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HomeMy Public PortalAboutAB 17-201 Contingent Revenue and Expense Line Transfer for Unanticipated RevenueMcCALL CITY COUNCIL 216 East Park Street AGENDA BILL McCall, Idaho 83638 Number AB 17-201 Meeting Date September 14, 2017 AGENDA ITEM INFORMATION  SUBJECT: Request to Approve the Contingent Revenue and Contingent Expense Transfers Department Approvals Initials Originator or Supporter   Mayor / Council     City Manager     Clerk     Treasurer / Originator   Community Development     Police Department     Public Works     Golf Course    COST IMPACT: $28,021 Parks and Recreation    FUNDING SOURCE: Prior Year Local Option Taxes, Overnight Parking Fees; Insurance Claims; Sale of Surplus Property; Donations Airport      Library    TIMELINE: N/A Information Systems      Grant Coordinator    SUMMARY STATEMENT: The City received payment of prior year LOT – Tourism of $4,092; $672 will be used to cover FY17 LOT – Tourism direct costs and $3,420 will be applied to FY17 funded projects. The City had a claim to ICRMP this year for damage to the “McCall Welcomes You” sign. The Police Department and Parks Department both sold surplus equipment earlier this fiscal year. Proceeds from the police surplus property sales are to be used to offset the cost of equipping a new patrol vehicle. The proceeds from the parks surplus property sale are to be applied toward the purchase of an additional mini truck. The Parks Department collected $1,612 more than was budgeted in Overnight Parking fees which will be used to cover the purchase of signage for the boat trailer parking lot. The City also received $5,330 from private contributions to be used to cover the cost July 4th celebration and activities. Schedule of Transfer Requests by Fund is attached.  RECOMMENDED ACTION: Approve the contingent revenue and contingent expense line item transfers.  RECORD OF COUNCIL ACTION  MEETING DATE ACTION