Title
Consideration of and action on an ordinance to amend the Fiscal Year 2024-2025 Budget for the Asset Replacement Fund Fleet Maintenance Department to replace vehicle lifts.
Body
Summary:
The heavy equipment vehicle lifts the fleet maintenance shop are inoperable. The cost to purchase four refurbished vehicle lifts is $8,500.00, less than the cost to repair the current lifts.
Being that the purchase of the vehicle lifts was unexpected, a budget amendment in the amount of $8,500.00 is requested to allocate funding. The amendment would be funded from the unassigned fund balance of the Asset Replacement Fund, which is available for this purpose.
Fiscal/Budgetary Impact:
Add $8,500.00 to the fiscal year 2024-2025 Asset Replacement Fund’s budget for the Fleet Maintenance Department (091-404-49040, Machinery and Equipment) to be funded by the unassigned fund balance of the Asset Replacement Fund, which is available for this purpose.
Recommended action
Approve the ordinance to amend the Fiscal Year 2024-2025 Budget for the Asset Replacement Fund Fleet Maintenance Department to replace vehicle lifts.