HomeMy WebLinkAbout2025 Budget Adjustment Land for police bldgBUDGET ADJUSTMENT REQUEST FORM
Dept:Fiscal Year Affected:2025
Expense Accounts to Receive Increased Budget:
Account:32415-5701 Amount:1,300,000 LAND ACQUISITION
Account:Amount:
Account:Amount:
TOTAL:1,300,000
Accounts Where Budget is Coming From:
Account:32415-3999 Amount:1,300,000 FUND BALANCE CARRYOVER
Account:Amount:
Account:Amount:
TOTAL:1,300,000
Net Expense less Revenue - (This must be zero)
Coming From:Contingency:
Other Expense:
New Revenue:1,300,000
TOTAL INCREASE 1,300,000
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
Police
saved up for this purpose in the current fiscal year.
The city has been saving up for a new police station for several years. We have found a property on Pioneer Road
and are presenting a contract to purchase such property to the City Council along with this budget adjustment.
We have found multiple properties for sale in city limits and staff recommends we purchase this property to be
utilized as a location for a future police station. Staff believes the price is a fair market price (lower price/acre
than other comparables) and we have also sought the opinion of a local realtor who has also acknowledged this is a
fair market price for such property. The budget adjustment would simply allow us to spend money that is already