Title
A Resolution to Amend the Capital Purchase Accounts for Fiscal Year 2024 Approved Items That Were Not Received
Summary
There were several capital purchases that were approved by council in fiscal year 2024 and that were ordered but were not received prior to year end. Finance is submitting one agenda item to request that council allow each department to receive the items when they are available and to amend the departments according the attached document. Total effect is $414,314 to the General Fund capital purchase accounts The City also received a large donation from the Friends of the Library to fund a chair project. Those Chairs did not arrive before year end and finance is request to carry over $17,500 to the Library Department small tools.
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 #__100-5020-6053 Small Tools__ in the amount of $___17,500 Library Small Tools
Capital - Departmental
__X__ Not Budgeted - account #_See Attached___ requires budget increase of $__See Attached__.**Request to Increase Departmental Budget Dollars form must be attached**
WHEREAS, The items on the attached list are capital purchases that were approved by council in fiscal year 2024 but not received, and
WHEREAS, These items are on order and will arrive in fiscal year 2025.
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, as follows:
SECTION 1: Approve the purchase of the capital items listed on the attached document and amends each budget accordingly.
SECTION 2: This Resolution shall become effective immediately upon its adoption as required by law.