CC MEETING: July 9, 2019
DATE: July 3, 2019
TO: Erin Rinehart, City Manager
FROM: Bob Scott, Assistant City Manager
Title
Consider An Ordinance Amending The Operating And Capital Budget For The Fiscal Year October 1, 2018 Through September 30, 2019.
Body
BACKGROUND:
The City Council approved the Operating and Capital Budget for Fiscal Year 2019 on September 18, 2018. This budget included $1,949,800 for budgeted expenditures for capital outlay. The current fund balance of the Fleet Replacement Fund is $5,914,068.
Recently, the City of Carrollton was notified that the Chevrolet manufacturing plants will soon be closed for retooling. As a result, orders for the 2020 Chevrolet Tahoe will not be accepted past September of 2019. 2020 Tahoe's ordered in September 2019 will be delivered within six months.
Multiple departments utilize the Chevrolet Tahoe, including the Police Department and Municipal Court. In FY 2020, the city was scheduled to replace sixteen of these vehicles. However, if orders are delayed past September of 2019, the city will be required to order the more costly 2021 Chevrolet Tahoe when the plant reopens and the anticipated delivery date is currently unknown.
In order to maintain the performance and safety of the Chevrolet Tahoe fleet, the City is recommending moving purchases previously designated for Fiscal Year 2020 to the 2019 Fiscal Year.
In order to accomplish this, staff recommends using $509,250 in fund balance in the General Fleet Replacement Fund.
FINANCIAL IMPLICATIONS:
Amend the Fiscal Year 2019 Operating and Capital Budget as follows:
In the General Fleet Replacement Fund, use fund balance by increasing non-recurring "one-time" uses of funds by $509,250. The General Fleet Replacement fund capital outlay budget will be decreased for Fiscal Year 2020 by the same amount.
STAFF RECOMMENDATION/ACTION DESIRED:
Staff desires the City Council to pass the attached ordinance authorizing an amendment to the Fiscal Year 2019 ...
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