HomeMy WebLinkAbout015-2020DocuSign Envelope ID: 9ABCC983-7046-4180-9747-08B64757CF89
RESOLUTION NO. 15-2020
ACCEPTING THE MID -YEAR FINANCIAL REPORT, APPROVING MID -YEAR
ADJUSTMENTS TO THE FISCAL YEAR 2019/20 OPERATING BUDGET AND THE
2019/20 MASTER FEE SCHEDULE FOR USER AND COST RECOVERY FEES
WHEREAS, all revenue and expenditure projections, which were made in preparing the
Fiscal Year 2019/20 Operating Budget, have been reviewed; and
WHEREAS, the following mid -year adjustments to the Fiscal Year 2019/20 Operating
Budget are recommended to reflect increased revenues received and expenditure needs:
General Fund - Revenues
• Increase Property Tax Revenues by $245,000; increasing total General Fund revenues
from $26,845,684 to $27,091,684.
General Fund - Expenditures
• Increase General Fund expenditures - General Government - City Attorney by
$125,000;
• Increase General Fund expenditures - General Government - City Clerk by $90,000;
• Increase General Fund expenditures - Maintenance Services - Parks by $30,000;
increasing total General Fund expenditures from $23,607,232 to $23,852,232.
Special (Restricted) Revenue - Revenues
• Increase Donations/ Contributions revenues by $16,000; increasing total Special
Revenue revenues from $9,490,271 to $9,506,271.
Special (Restricted) Revenue - Expenditures
• Increase Donations/Contributions expenditures - Police Services - Patrol by S5,000,
School Resources Program by $1,000;
• Increase Donations/ Contributions expenditures - Maintenance Services - Parks by
$10,000;
• Increase Building/Planning expenditures - Development Services - Building by
$60,000; increasing total Special Revenue expenditures from $9,667,839 to $9,743,839.
WHEREAS, a change to the Town's Master Fee Schedule has been recommended to
change the fees charged for the use of Town -owned Electric Vehicle Charging Stations;
and
WHEREAS, sufficient funding is available in the Town's funds; now, therefore, be it
DocuSign Envelope ID: 9ABCC983-7046-4180-9747-08B64757CF89
RESOLVED, that the Danville Town Council hereby approves the mid -year adjustments
to the Fiscal Year 2019/20 Operating Budget; and, be it further
RESOLVED, that the Electrical Vehicle (EV) Charging Station Fee found in Town's
Master Fee Schedule for User and Cost Recovery Fees is amended as follows:
Level 2 Stations: $0.45 per kwh + $1.00 access fee
Level 3 Stations: $0.55 per kwh + $1.00 access fee
APPROVED, by the Danville Town Council at a regular meeting held on February 18,
2020, by the following vote:
AYES: Arnerich, Blackwell, Morgan, Stepper, Storer
NOES: None
ABSTAINED: None
ABSENT: None
DocuSigned by:
MAYOR
APPROVED AS TO FORM: ATTEST:
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DocuSigned by: ,—DocuSi ned by:
Rott41 E. £441
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CITY ATTORNEY CITY CLERK
PAGE 2 OF RESOLUTION NO. 15-2020