AGENDA CAPTION:
Title
Consider approval of Ordinance 2018-36, on the second of two readings, amending the City's 2017-2018 Fiscal Year budget to allocate a total of $228,000 of sales tax revenues in the general fund for the purchase, installation, and make ready of a modular building; and providing an effective date.
Body
Meeting date: September 18, 2018
Department: Finance-Heather Hurlbert, Finance Director
Amount & Source of Funding
Funds Required: $228,000
Account Number: 1000000-40025
Funds Available: $335,000
Account Name: Sales Tax Revenue
Fiscal Note:
Prior Council Action: Discussion and Approval to move forward given by City Council during the August 2, 2018 budget workshop.
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Background Information:
During the August 2 budget work session, the rental or purchase of a temporary building was discussed. The building will house current and future staff at the City Hall complex as all current office space is being fully utilized. The new building is approximately 2,000 square feet and will be finished out with office space, ADA bathrooms and open space. City Council was presented with the option to buy the building or rent the building over an approximate 4 year term. The was a consensus to purchase the building.
This budget amendment will amend the budget to allocate sales tax revenue for the purchase of the building, the s...
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