ADMINISTRATION - Joe Huss, Finance Director
Title
2015 BUDGET AMENDMENTS
Background
As part of the 2015 budget process, appropriations were made in Community Development to accommodate a typical year of development within the Building Inspections Division. As 2015 draws to an end it is clear that development for the year, especially with larger, multi-family housing projects and commercial development, has been at a much greater pace than a typical year. Thus, staff is requesting Council authorization to amend the 2015 budget and appropriate additional resources to the Building Inspections Division. Funding for this amendment will be from additional building permit revenue already received and on hand.
Recommendation
Approve attached resolution.
Body
WHEREAS, Sound budgeting principles promote appropriating necessary funds required to accomplish approved objectives; and
WHEREAS, Sound budgeting principles also promote providing for contingencies and unforeseen emergencies so as to not prevent objectives from being met; and
WHEREAS, Appropriations were made in 2015 sufficient for anticipated building activity; and
WHEREAS, actual building activity has exceeded what was anticipated resulting in expenditures exceeding budgeted appropriations in the Building Inspections Division; and
WHEREAS, revenue from additional building activity has also exceeded projected revenue in 2015;
NOW THEREFORE BE IT RESOLVED that the City Council of Blaine amends the 2015 General Fund Budget, and authorizes the City Manager to amend the budget as follows:
• REVENUE: Building Permits, 101.70.760.761-3204, in the amount of $45,000
• EXPENDITURES: Community Development Department, Building Inspections Division, Full-time wages, 101.70.760.761-4101, in the amount of $45,000
PASSED by the City Council this 3rd day of December 2015.