Title
A Resolution to Transfer Funds from Capital Purchases to Operating in Nature Parks
Summary
The Nature Parks Department requests to transfer $19,000 from the capital purchases account to the operating account. The FY24 approved capital purchases included a kayak rental kiosk budgeted at $25,000. After Finance Department review of the contract, it is technically a lease for the first five years. This expense would be a lease under the Operating Account, 100-5090-6042.The contract would allow Rent.Fun to install a four unit rental kiosk where they would maintain the facility, handle the rentals and maintain the liability insurance coverage. The city would receive 50% of the rental revenue from the kiosk.
Budgetary Impact:
Non-Capital Item:
____ Budgeted under account #_______________ (discussion item)
X Not budgeted, requesting transfer of $19,000 from Account #100-5090-5100 to Account #100-5090-6042.**Request to Transfer Departmental Budget Dollars form must be attached**
____ Not budgeted requiring increase to account #___________ in the amount of $____________.**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 ___________________...
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