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HomeMy WebLinkAboutResolution No. R25-55 RESOLUTION NO. R25-55 A RESOLUTION OF THE CITY COUNCIL APPROVING AMENDMENTS TO APPROPRIATIONS AND REVENUES FOR THE CITY OF LAUREL'S FISCAL YEAR 2024-2025 BUDGET. WHEREAS, the City of Laurel (hereinafter"the City") adopted all funds revenues and appropriations for Fiscal Year 2024-2025 on August 27, 2024; 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 BE IT FURTHER RESOLVED that the above amendments are retroactive to June 30, 2025. Introduced at a regular meeting of the City Council on the 121h day of, August 2025, by Council Member Canape. PASSED and APPROVED by the City Council of the City of Laurel the 121h day of August 2025. APPROVED by the Mayor the 121h day of August 2025. �%01111111 I11",* •• C Y OF LAU L ••• '���•`' Dave Waggoner, M r ;11111111111 0% R25-55 Approve Budget Amendments ATTEST: helltr e . Clerk-Treasurer AP V AS TO FORM: Michele L. Braukmann, Civil City Attorney R25-55 Approve Budget Amendments EXHIBIT A Budget Amendment Fiscal Year 2024-2025 Fund 2952—Federal Equitable Sharing Original Revenues $ 0.00 Amended Revenues 63,783.02 Increase in Revenue: $ 63,783.02 Original Appropriation 0.00 Amended Appropriation $ 52.445.08 Increase in Appropriation: $ 52,445.08 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 1000—General Fund- Ambulance Original Appropriation 1500.00 Amended Appropriation $ 1766.00 Increase in Appropriation: S 266.00 Increase Appropriations, due to Ambulance staff reimbursing the city for the purchase of more uniform T-shirts. Fund 2928 —Transit Grant Original Appropriation $ .00 Amended Appropriation $ 16,268.00 Increase in Appropriation: $ 16,268.00 Unanticipated Expenditure for Local Share payment, for the purchase of the Transit Van from 2020. The overage is funded by the cash reserve for the Transit Grand fund. Fund 1000—General Fund- Fire Department Original Appropriation $ 55,000.00 Amended Appropriation S 67,500.00 Increase in Appropriation: $ 12,500.00 Original Revenues $ 3,000.00 Amended Revenues S 12.500.00 Increase in Revenue: $ 9,500.00 Increase Appropriations and Revenues, due to receiving a DNRC grant for the 2024 Volunteer Fire capacity for wildland clothing. This was a reimbursable grant. Fund 2370—Employer Contribution P.E.R.S Original Appropriation $ 138308.00 Amended Appropriation $ 143408.00 Increase in Appropriation $ 5,100.00 Unanticipated OT for the Ambulance Department. The overage is funded by the cash reserve for the Employer Contributions to P.E.R.S. Fund 7850—Airport Authority Original Appropriation $ 31,609.00 Amended Appropriation $ 32,021.00 Increase in Appropriation: $ 412.00 Revenues for this fund were greater than anticipated so there were more transfers to the Airport Authority than budgeted. Fund 7120—Fire Disability Original Appropriation $ 39,826.00 Amended Appropriation $ 69,616.00 Increase in Appropriation: $ 29,790.00 Revenues for this fund were greater than anticipated so there were more transfers to the Firemen's Relief Association than budgeted.