City of Racine - File #: Res.13-0487

• File #: Res.13-0487
• Version: A
• Name: Audit Related Adjustments to 2013 and 2014 Adopted CIP Budget
• Type: Resolution
• Status: Passed
• File created: 12/17/2013
• In control: City Attorney's Office
• Final action: 12/17/2013
• Title: Audit Related Adjustments to 2013 and 2014 Adopted CIP Budget Resolved, that the 2013 Bonded Capital Improvement budget is to be amended to properly reflect the Equipment Replacement bond proceeds by Increasing accounts 993.000.6030, Bond Proceeds, and account 993.944.4940, Transfer to Equipment Replacement, by $2,000,000. Further resolved that the 2014 Bonded Capital Improvement budget is to be amended to properly reflect the Equipment Replacement bond proceeds by increasing accounts 994.000.6030, Bond Proceeds, and account 994.945.4940, Transfer to Equipment Replacement, by $2,000,000. Fiscal Note: The amendments will allow for the proper accounting of bond proceeds.
• Sponsors: Q.A. Shakoor II
• Related files: 13-9618

Date	Ver.	Action By	Action	Result
12/17/2013	A	Common Council	Adopted	Pass

Sponsor

Alderman Shakoor

Title

Audit Related Adjustments to 2013 and 2014 Adopted CIP Budget

Resolved, that the 2013 Bonded Capital Improvement budget is to be amended to properly reflect the Equipment Replacement bond proceeds by Increasing accounts 993.000.6030, Bond Proceeds, and account 993.944.4940, Transfer to Equipment Replacement, by $2,000,000.

Further resolved that the 2014 Bonded Capital Improvement budget is to be amended to properly reflect the Equipment Replacement bond proceeds by increasing accounts 994.000.6030, Bond Proceeds, and account 994.945.4940, Transfer to Equipment Replacement, by $2,000,000.

Fiscal Note: The amendments will allow for the proper accounting of bond proceeds.