Title
A Resolution Approving a Budget Increase for the Foley Fire Department Due to Insurance Claim
Summary
Description of Topic: (who, what, where, when, why and how much)
We received an insurance settlement on August 31, 2020 from a vehicle accident involving our 2017 KME Custom Pumper in the amount of $21,255. The repairs were not completed until October 12, 2020 and were invoiced thereafter. Therefore, the repairs were not budgeted in FY21. I am requesting a budget increase in our Vehicle Maintenance account for $21,255 to cover these repairs.
Budgetary Impact:
Non-Capital Item:
____ Budgeted under account #_______________ (discussion item)
____ Not budgeted, requesting transfer of $__________ from Account #______________ to Account #_____________.**Request to Transfer Departmental Budget Dollars form must be attached**
__X__ Not budgeted requiring increase to account #_100-2020-6032_ in the amount of $_21,255___.**Request to Increase Departmental Budget Dollars form must be attached**
Capital - Departmental **Capital Purchase Worksheet form must be attached**
____ Budgeted under account #______________ for $_________ and described in budget as ________________________. Additional amount needed, if any: Increase in budget of $_________ OR, transfer of $________ from Account #____________ to Account #_____________**Request to Increase OR Request toTransfer Departmental Budget Dollars form must be attached**
____ Not Budgeted - account #____________ requires budget increase of $_____________.**Request to Increase Departmental Budget Dollars form must be attached**
Capital Project - **If requesting to start a project, a Capital Project Worksheet form must be attached**
In current year Capital Projects Plan:
_____ Yes, described as __________________________, planned amount $___________, requesting $_________ as total project estimate, including contingencies, under account #_________________
_____ No, requesting $___________ as total project estimate, including contingencies, under account #____________________.
_____ No, requesting an increase of $___________ to an already approved project titled ________________________ that is being tracked under Account No. ___________________.
Body
WHEREAS, the Foley Fire Department received an insurance settlement on August 31, 2020 from damage to the 2017 KME Custom Pumper that occurred on July 28, 2020, and
WHEREAS, the major repairs to the truck were not completed until October 12, 2020 and were not budgeted in the FY21 budget.
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, as follows:
SECTION 1: Appropriates additional FY21 budget funds in the amount of $21,255 to Vehicle Maintenance Account No. 100-2020-6032.
SECTION 2: This Resolution shall become effective immediately upon its adoption as required by law.