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2. Resolution 5600 - Budget Amendmentr5:" City of Kalispell Post Office Box 1997 - Kalispell, Montana 39903-1997 -. -��• Telephone (406) 758-7000 Fax - (406) 758-7758 MONTANA REPORT TO: Doug Russell, City Manager +' FROM: Rick Wills, Finance Director SUBJECT: Budget Amendment for FY2013 MEETING DATE: December 17, 2012 BACKGROUND: The Storm Sewer budget needs to be amended to accommodate sharing the cost of the Willows storm sewer project. We anticipate the Storm Sewer Funds share of this project to be $200,000. Based on preliminary estimates, $44,000 (22%) of the cost will be impact fee eligible. The remainder ($156,000) will be budgeted from rates. The final percentage will be determined following actual cost review and eligibility. The budget does need to be amended at this time, however, to provide authority to make payments for costs that will be incurred. RECOMMENDATION: Approve resolution allowing the storm sewer fund to pay for the City's share of the Willows storm sewer project. FISCAL IMPACT: $200,000 budget amendment 4ick Finance Director Report compiled: December 12, 2012 RESOLUTION NO. 5600 A RESOLUTION AMENDING THE ANNUAL APPROPRIATIONS OF THE CITY OF KALISPELL, MONTANA, AS SET FORTH IN THE 2012-2013 BUDGET ADOPTED BY THE CITY COUNCIL. WHEREAS, on August 20, 2012, the City Council adopted Resolution 5581 adopting the annual appropriations of the City of Kalispell for fiscal year 2012-2013; and WHEREAS, in the budget adopted by the City of Kalispell for the 2012-2013 fiscal year, certain detailed and itemized estimates of expenditures of the Storm Sewer Fund were not included at the time of adoption; and WHEREAS, at a public hearing held on December 17, 2012, the City Council did consider all objections made to said budget. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF KALISPELL AS FOLLOWS: SECTION I. Amendments to the 2012-2013 fiscal budget as follows: Storm Sewer Fund Willows Correction 5349-453-430246-953 $156,000 Willows Upsize 5349-453-430248-953 $ 44,000 SECTION H. That on December 17, 2012 at 7:00 o'clock P.M., the City Council authorized and directed the Finance Director to increase the appropriations. PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED BY THE MAYOR OF THE CITY OF KALISPELL, THIS 17TH DAY OF DECEMBER, 2012. Tammi Fisher Mayor ATTEST: Theresa White City Clerk