City of Racine - File #: 0024-16

• File #: 0024-16
• Version: A
• Name: (Direct Referral) Communication from the Assistant Finance Director requesting an amendment to the 2015 Sanitary Sewer Maintenance Fund Budget. (Res No. 0010-16)
• Type: Communication
• Status: Committee Report To Council
• File created: 1/8/2016
• In control: Finance and Personnel Committee
• Final action: 1/19/2016
• Title: Subject: (Direct Referral) Communication from the Assistant Finance Director requesting an amendment to the 2015 Sanitary Sewer Maintenance Fund Budget. (Res No. 0010-16) Recommendation of the Finance & Personnel Committee on January 11, 2016: 2015 Budgets for Sanitary Sewer Manhole Replacements funded through the Wastewater Utility amounting to $1,000,000 be reclassified to standalone accounts for proper tacking, accounting and auditing purposes. Further recommend that $720,000 of Sanitary Sewer Maintenance Fund projects and budgets missing from Resolution 15-0248 of June 16, 2015 be carried forward from 2014 to 2015. Fiscal Note: The $1M reclassification is budget neutral. The $720,000 carry forward should have been included in the annual carry forward resolution. There are sufficient resources available in the Sanitary Sewer Maintenance Fund to provide for the $720,000 project carryforward from 2014 to 2015.
• Related files: Res.0010-16

Date	Ver.	Action By	Action	Result
1/19/2016	A	Common Council	Approved as Presented	Pass
1/11/2016	A	Finance and Personnel Committee	Recommended For Approval	Pass

Title

Subject: (Direct Referral) Communication from the Assistant Finance Director requesting an amendment to the 2015 Sanitary Sewer Maintenance Fund Budget. (Res No. 0010-16)

Recommendation of the Finance & Personnel Committee on January 11, 2016: 2015 Budgets for Sanitary Sewer Manhole Replacements funded through the Wastewater Utility amounting to $1,000,000 be reclassified to standalone accounts  for proper tacking, accounting and auditing purposes.  Further recommend that $720,000 of Sanitary Sewer Maintenance Fund  projects and budgets missing from Resolution 15-0248 of June 16, 2015 be carried forward from 2014 to 2015.

Fiscal Note: The $1M reclassification is budget neutral. The $720,000 carry forward should have been included in the annual carry forward resolution. There are sufficient resources available in the Sanitary Sewer Maintenance Fund to provide for the $720,000 project carryforward from 2014 to 2015.