HomeMy WebLinkAbout11. 13-190
APRIL 23, 2013 13-190 RESOLUTION
(CARRIED _ __7-0_____LOST _______ LAID OVER _______ WITHDRAWN_______)
PURPOSE: APPROVE FUND TRANSFERS
INITIATED BY: DEPARTMENT OF FINANCE
BE IT RESOLVED by the Common Council of the City of Oshkosh that the proper
City officials are hereby authorized and directed to transfer:
See Attached Exhibit “A”
City of Oshkosh
Finance Department
M Church Ave., PO Box 1130
Oshkosh, Wl 54903 -1130
(920) 236 -5006 (920) 236 -5039 FAX
ofHKOJI-1
ON THE WATER
MEMORANDUM
TO: Honorable Mayor and Members of the Common Council
FROM: Peggy Steeno, Finance Director
DATE: April 23, 2013
RE: Approve Fund Transfers
BACKGROUND
One of the regular steps in the year end process requires an evaluation of the overall spending from the
year (2012). In doing so, all accounts are evaluated by the amounts over or under against the respective
budget. The transfer process includes utilizing funds from accounts that were under spent, as well as
revenues and fund equity when necessary, to support the accounts that were over spent. Because this
effectively alters the previous year's budget, Council approval is required in accordance with Section
12 -3 of the Municipal Code.
ANALYSIS
Per the schedule attached to this item, all transfers are outlined. The first section of the attachment
includes all divisional budgets that had spending in excess of the original budget, and the second section
includes divisional budgets that spent less than their original budget allocation and can be used to cover
the section one overages.
FISCAL IMPACT
Aside from the spending (in section one) and the savings (in section 2) for 2012, there is no direct
financial impact related to the Fund Transfer. Rather, it is an accounting function that reconciles the
budget to the actual numbers for the 2012 Fiscal Year.
RECOMMENDATION
Staff recommends that Council adopt this resolution.
Respectfully Submitted,
Peggy Steeno
Finance Director
Approved:
Mark Rohloff
City Manager
To:
Account Number
100- 0020 -XX %X -00000
100- 0040 -XXXX -00000
100- 0050 -XXXX -00000
100- 0060 -XXXX -00000
100- 0120 -XXXX -00000
100- 0130 -XXXX -00000
100- 0150 -XXXX -00000
100- 0211 -XXXX -00000
100 -0211 XXXX -00000
100 -0230 XXXX -00000
100 -0230 XXXX -00000
100 -0620 XXXX -00000
100 -0730 XXXX -00000
100- 0740XXXX -00000
100- 0908XXXX -00000
100 -0914 XXXX -00000
100- 0918 -XXXX -00000
100- 0913 -XXXX -00000
From:
Account Number
100- 0010 -XXXX -00000
100- 0030 -XXXX -00000
100- 0071 -XXXX -00000
100- 0080 -XXXX -00000
100- 0090 -XXXX -00000
100- 0110 -XXXX -00000
100- 0214 -XXXX -00000
100 - 0217 -XXXX -00000
100- 0218 -XXXX -00000
100- 0290 -XXXX -00000
100- 0410 -XXXX -00000
2012 END OF YEAR TRANSFER
Division
Main Reason
City Manager
Conference and Training
Personnel
Contractual Services
City Clerk
Additional ElectionslWages
Elections
Additional Elections/Wages
Insurance
Fixed Charges /Comprehensive Liability & Deductibles
City Hall Maintenance
Media Services
Police Administration
Police Administration
Fire
Fire
Forestry
Economic Development
Planning
Tax Refunds & Bad Debt
Unclassified
Mobile Home Trailer Tax
Adjustment of Salaries
Division
City Council
City Attorney
Finance Administration
Assessor
Purchasing
Information Technology
Animal Care
Auxillary Police
Crossing Guards
Police & Fire Commission
Public Works
Wages
Wages
Wisconsin Retirement
Wages - Comp Time Pay Out
Wisconsin Retirement
Contract Settlement - Wages /Benefits
Wages
New Division in 2012 /Funds From Inspections
Wages
Property Tax Loss /Ambulance Write Offs
Legal Professional Services /Contractual Services
Misc Contractual Services
2012 Budget Credit/Unsettled Union Contracts
Total
Main Reason
Under Budget
Under Budget
Under Budget
Under Budget
Under Budget
Under Budget
Under Budget
Under Budget
Under Budget
Under Budget
Under Budget
EXHIBIT A
Amount
1,528.00
83,691.00
10, 847.00
73, 993.00
56,303.00
2,259.00
3,562.00
387,845.00
62,475.00
417,993.00
230,178.00
4,394.00
136,033.00
6,610.00
55,627.00
54,999.00
629.00
222,799.00
! 1,811,765.00
Amount
2,194.00
1,122.00
67, 930.00
11,797.00
13,302.00
52,420.00
5,898.00
189.00
1,690.00
127.00
3,204.00
100- 0420 -XXXX -00000
100- 0430 -XXXX -00000
100- 0450 -XXXX -00000
100- 0470 -XXXX -00000
100- 0610 -XXXX -00000
100- 0750 -XXXX -00000
100- 0801 -XXXX -00000
100- 0810 -XXXX -00000
100- 0602 -XXXX -00000
100- 0910 -XXXX -00000
100- 0911 -XXXX -00000
100- XXXX -XXXX -00000
Engineering
Street General
Central Garage
Garbage Refuse Collection
Parks
Inspections
Electric Division
Sign Division
Unemployment Compensation
Employee Benefit Fees
Patriotic Celebration
General Fund Revenues & Reserves
Under Budget
23,695.00
Under Budget
155,334.00
Under Budget
65,421.00
Under Budget
119,790.00
Under Budget
16,674.00
Under Budget
144,839.00
Under Budget
63,048.00
Under Budget
24,175.00
Under Budget
9,669.00
Under Budget
1,606.00
Under Budget
311.00
Revenues /Fund Equity
1,027,330.00
Total
1,811,765.00