R-23-43RESOLUTION NO. R-23-43
REAPPROPRIATION OF CAPTIAL, OPERATING, AND COMPONENT UNIT
SCHOOL BOARD FUND TO FY 2024
WHEREAS, each year City staff presents to the City Counicl a list of capital, operating, and
Component Unit School Board funds and a recommendation as to whether or not those funds
should be reappropriated; and
WHEREAS, this situation occurs when funds are either 1) appropriated, but as of the end of
the fiscal year have not been spent or obligated or 2) a purchase order was issued but not fully
expended and the remaining encumbrance balance should carryover to the new fiscal year; and
WHEREAS, an updated estimate for the FY 2024 General Fund Fund Balance reflects that
these funds would be reappropriated.
NOW THEREFORE, IT IS HEREBY RESOLVED that the attached list of capital,
operating, and Component Unit School Board funds shall be reappropriated to FY 2024.
Introduced: September 12, 2023
Adopted: September 26, 2023
Mayor
ATTEST:
City Clerk
The vote on the motion to approve was recorded as follows:
VOTE:
Councilmember Bates
Aye
Councilmember Doyle Feingold
Aye
Councilmember Greenfield
Aye
Councilmember Lim
Absent
Councilmember Ross
Aye
Councilmember Stehle
Aye
GENERAL FUND
DESCRIPTION
AMOUNT
FY 2023 Purchase Orders Caii-yover
$ 1.641.520
Component Unit School Board
2..600.000
Hunian Services,
200,000
Land Acquisition Reserve
3,000.000
Reserve for Contingency
300.000
Beautification Team (Parks/PW)
200.000
City Hall 3rd. Floor Remodel
350,000
Property Yard Floodplain Study
100,000
Brick Maintenance Project
145,000
Feasibility Study for Expansion of Fairfax Museum
145,000
TOTAL GENERAL FUND
8,681,520
WASTEWATER FUND
DESCRIPTION AMOUNT
FY 2023 PiLuchase Orders Carryover $ 11.470.741
TOTAL WASTENVATIER FUND $ 1,470,741
TRANSIT FUND
DESCRIPTION AMOUNT
FY 2023 Purchase Orders Cari-yover $ 11,855
TOTAL TRANSIT FUND $ 11,855
STORTUNVATER UTILITY FUND
DESCRIPTION AMOUNT
FY 2023 Purchase Orders Carryover $ 764,177
TOTAL STORM' N ATIER UTMILTY FUND $ 764,177
CAPITAL FUND
DESCRIPTION AAIOUNT
FY 2023 Ptuchase Orders Carryover $ 12,632.858
TOTAL CAPITAL FUND $ 12,632,858