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HomeMy WebLinkAbout2025 Budget Adjustment Council Room Audio Video Boradcast SystemBUDGET ADJUSTMENT REQUEST FORM Dept:Fiscal Year Affected:2025 Expense Accounts to Receive Increased Budget: Account:01414-5318 Amount:75,800 AUDIO/VIDEO/SOUND BROADCAST SYSTEM Account:Amount: Account:Amount: TOTAL:75,800 Accounts Where Budget is Coming From: Account:01411-6000 Amount:75,800 CONTINGENCY GENERAL FUND (Would Leave $189,100 in Contingency) Account:Amount: Account:Amount: TOTAL:75,800 Net Expense less Revenue - (This must be zero) Coming From:Contingency:75,800 Other Expense: New Revenue: TOTAL INCREASE 75,800 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 City Council This was in our Capital Improvement Plan during the FY 25 budget meetings and was discussed. The original budget request was for $85,000. We pulled it out of the budget through the budget cutting process. Since then we renewed our health insurance at a lower amount and were able to increase contingency by over $216,000. We also decided to move forward with pursuing a new police station as a priority. We have had issues as of late with the sytem and it is in need of updating very soon. IT staff worked with our only bidder V.L.C.M. to refine the scope of work needed and get the bid down to $75,800. If approved by the City Council this budget adjusment would take contingency in the general fund down from $264,900 to $189,100.