Requested Agenda Date:
10/1/2024
Requested Agenda Title:
Title
Budget Adjustment: Public Works Requests a $32,489 Increase to Its Non-Capital Buildings Budget, raising it to $122,634 from Its Fund Balance, to Pay for Its Share of the Fire Suppression System Repair to the Truck Barn at the Public Works Complex in Midvale. Additionally, It Requests a Technical Adjustment to Add $2,043 to Its Depreciation Budget for Newly Acquired Equipment
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Requested Agenda Item Description: This request is to increase our 625005 Non-Capital Buildings line by $32,489 to $122,634 in order to be able to pay for our share of the fire Suppression System Repair to the Truck Barn at our Public Works Complex in Midvale. We park 32 of our big trucks and equipment in this barn and need to make sure they are safe. This will be funded out of our Fund Balance.
We also need to add $2,043 to our 669010 Depreciation line to increase it to $517,455 in order to have the budget to charge depreciation for newly acquired equipment.
Requested Action: Discussion - Vote Needed
Presenter(s) (with titles): Hoa Nguyen, Council Budget and Policy Analyst
Time Needed: Less than 5 MINS
Is this Item Time-Sensitive and/or Requesting a Time-Certain? No
Requesting Staff Member: Scott Baird, Public Works Department Director
Are Supporting Documents Needed for this Agenda Item Request? Yes