Title
An Ordinance approving Amendment No. 12 to the Budget for the Fiscal Year Ending June 30, 2020, as adopted by Ordinance No. 8643 and Ordinance No. 8652, by amending the authorized expenditures of the City of Lee’s Summit, Missouri. (F&BC 1/11/21)
Body
Issue/Request:
An Ordinance approving Amendment No. 12 to the Budget for the Fiscal Year Ending June 30, 2020, as adopted by Ordinance No. 8643 and Ordinance No. 8652, by amending the authorized expenditures of the City of Lee’s Summit, Missouri.
Key Issues:
To close out each fiscal year it is necessary to review the end of the year expenditures and authorize an amendment for Funds and General Fund Departments that had actual expenditures greater than budgeted expenditures. The following is information about those Funds and General Fund Departments requiring the budget amendment.
General Fund. Overall, the General Fund had actual expenditures less than budgeted expenditures. With that said, because the General Fund is budgeted at a department level, there are three departments that had actual expenditures greater than budgeted expenditures: Police Department, Finance Department, and Public Works-Operations Department.
-Police Department: The Police Department had actual expenditures greater than budgeted expenditures for two primary reasons: (1) There were employees that retired in the Police Department and those employees received payouts for their unused, accumulated leave balances. (2) Throughout FY20, there were vacancies in the Communications/ Dispatch Unit which caused the department to expend more in overtime than the anticipated budget amount.
-Finance Department: The expenses associated with ambulance fees (i.e. bad debt expense and insurance adjustment expense) are in the Finance Department. The actual expenses for the bad debt expense and the insurance adjustment expense were greater than the budgeted amounts, which caused the Finance Department to have actual expenditures greater than b...
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