Title
Subject: Communication from the Finance Director wishing to appear before the Finance and Personnel Committee to discuss annual budget carry forwards from 2007 to 2008. (Res. #08-0722)
Recommendation of the Finance and Personnel Committee on 3-24-08: Recommend that the following budgets be carried forward from 2007 to 2008: Encumbrances in 31 separate funds totaling $4,108,353.73 in outstanding purchase orders and contracts; 2006 Capital Projects of $1,509,984.67; 2007 Capital Projects of $1,870,776.96; General Fund operations of $169,755.87; CAR 25 operations of $1,115.50; Equipment Maintenance Garage operations of $11,192.83; Building Complex operations of $50,000.00; Storm Water Utility Projects of $831,156.95; Cemetery Projects of $98,234.16.
Fiscal Note: There are sufficient funds remaining and needed to be carried forward from 2007 to 2008.