Loading...
HomeMy WebLinkAbout2025 Budget AJ Street GraderBUDGET ADJUSTMENT REQUEST FORM Dept:Fiscal Year Affected:2025 Expense Accounts to Receive Increased Budget: Account:02431-5033 Amount:466,800 Grader Account:43399-3902 Amount:466,800 Fund Tfr In-street Operations Account:Amount: TOTAL:933,600 Accounts Where Budget is Coming From: Account:02499-4943 Amount:466,800 Fund Tfr out-Street Repair Fund Account:43431-3999 Amount:466,800 Fund Balance Carryover Account:Amount: TOTAL:933,600 Net Expense less Revenue - (This must be zero) Coming From:Contingency: Other Expense: New Revenue:466,800 TOTAL INCREASE 466,800 Reason for the Increase: 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 2024 JD Grader at $466,715 and it comes with a new wing and a 4000 hour 84 month warranty. Staff suggests we purchase the new grader in FY25 instead and we can have it before winter season if we order it now. Funding source is the same, but in a different Fiscal Year. We have the cash available to make the purchase on the new one. The Transfer to street reconstruction fund will go down in FY25, but we are transferring additional funds in FY 24 to carryover to cover it. pricing on a new grader to consider. The pricing came back on a sourcewell contract ( no further bidding required) for a new We had $300,000 in the FY24 budget to buy a used grader. It is very difficult to find and bid for a used grader. We did find Streets one option that had over 3200 hours and was nearly 5 years old. By the time we equipped the old one with a new wing we were looking at $321,000 plus any other maintenance issues we may have needed to address. I asked Bill Blair to get