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HomeMy WebLinkAboutResolution No. R24-45]IMS 21MMAX111944 WHEREAS. the City of Laurel (hereinafter "the City") adopted all funds revenues and appropriations for Fiscal Year 2023-2024 on September 5, 2023; WHEREAS, it is necessary to amend certain budgets as required by Mont. Code Ann. § 7-6-4006(3) and (4); and WHEREAS, the increase in appropriations and revenues are due to unbudgeted amounts that will be offset by a decrease in reserves. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Laurel, Montana, that the City Council hereby directs the Clerk -Treasurer to amend the budget as reflected on the attached Exhibit "A" in order to comply with Mont. Code Ann. § 7-6-4006(3) and (4); and 2023. BE IT FURTHER RESOLVED that the above amendments are retroactive to June 30. Introduced at a regular meeting of the City Council on the 251h day of, June 2024, by Z_� Council Member Banks. PASSED and APPROVED by the City Council of the City of Laurel the 251h day of June 2024. APPROVED by the Mayor the 251h day of June 2024. R24-45 Approve Budget Amendments CITY OF LAUREL InIi f to Dave Waggoder, Mayor ATTEST: r, lerkTi7easurer Michele L. Bratikmann, Civil City Attorney R24-45 Approve Budget Amendments Fund 2952 — Federal Equitable Sharing Original Revenues Amended Revenues Original Appropriation Amended Appropriation 0.00 19,407.86 Increase in Appropriation: $ 19,407.86 0.00 $ 19,407.86 Increase in Appropriation: $ 19,407.86 Per the Department of Justice Standard Operating Procedures, appropriations and revenues for the Federal Equitable Sharing Fund may not be budgeted using the fiscal year budgeting process. All appropriations and revenues must be budgeted after the end of the fiscal year, using the budget amendment process. Fund 7030 — Library Federation Original Appropriation 7397.00 Amended Appropriation $ 9372.00 Increase in Appropriation: $ 2856.00 Unanticipated Revenue from the state Library. Increase appropriation to offset the unexpected revenue. Fund 7030 — Library Federation Original Revenue $ 5100.00 Amended Revenue $ 10886.00 Increase in Revenue: $ 2856.00 Unanticipated Revenue from the State Library. Increase appropriation to offset the unexpected revenue. Fund 2701 — Splash Park Original Appropriation $ 93,435.00 Amended Appropriation $ 96,729.00 Increase in Appropriation: $ 3294.00 Increase Appropriations, due to donations made to the Splash Park. Fund 3503 — SID #113 — Fourth Street Original Appropriation $ 19599.00 Amended Appropriation $ 29599.00 Increase in Appropriation $ 10,000.00 I TtrTTZt PWj T1717 -W TTM'tY;t'l, IT'TRM' will have no effect on cash reserves.