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HomeMy WebLinkAbout2024 Budget AJ Golf CapitalBUDGET ADJUSTMENT REQUEST FORM Dept:Fiscal Year Affected:2024 Expense Accounts to Receive Increased Budget: Account:50437-5008 Amount:50,000 BANKS MOWER Account:Amount: Account:50437-5143 Amount:46,500 TRACTOR Account:Amount: Account:Amount: TOTAL:96,500 Accounts Where Budget is Coming From: Account:50437-3999 Amount:50,000 FUND BALANCE CARRYOVER Account:Amount: Account:50437-3999 Amount:10,000 FUND BALANCE CARRYOVER Account:50437-5338 Amount:36,500 CUSHMAN UTILITY TRUCKSTER Account:Amount: TOTAL:96,500 Net Expense less Revenue - (This must be zero) Coming From:Contingency: Other Expense: New Revenue:60,000 TOTAL INCREASE 60,000 Reason for the Increase: Budget Adjustments. Option is to approve and move forward now or wait to budget in FY 25 that starts in Oct. Signed: Dept Head:Date: CFO:Date: Mayor:Date: Approved by the City Council (*if necessary) on this Date: *City Council approval required if: 1)$10,000 or more is taken from Contingency 2)$50,000 or more is a change in a Capital Purchase 3)New Full-time Regular personnel positions 4)Additional Full-time Regular personnel 5)New Types of Major Programs to purchase a new tractor that could also provide more functionality. The Golf Board recommends these Golf Grounds Supervisor asked us to reprioritize some of our capital needs in 2024. We repaired a banks subsidy. Asking for $50,000 Budget Adjustment. Golf Course Our old tractor from 1970's broke and cannot be repaired. We believe we can move purchase of a Cushman Utility Cart back and use that $36.5 K and would need to add another $10 K from Carryover for total of $46.5 K mower in 2023 but already broke. New ones are on backorder for 24 months, but might be able to find a newer used model. We have cash in course carryover to purchase in FY24 without increasing city/county.