The City of Lee's Summit - File #: BILL NO. 24-003

• File #: BILL NO. 24-003
• Type: Ordinance - Committee
• Status: Agenda Ready
• File created: 12/13/2023
• In control: City Council - Regular Session
• On agenda: 1/23/2024
• Final action: 1/9/2024
• Title: An Ordinance approving Amendment No. 7 to the budget for the Fiscal Year ending June 30, 2024, as adopted by Ordinance No. 9704, Ordinance No. 9705, Ordinance No. 9706, Ordinance No. 9707, and Ordinance No. 9708, by amending the authorized expenditures for the City.
• Related files: BILL NO. 23-239, BILL NO. 23-120, BILL NO. 23-119, BILL NO. 23-118, BILL NO. 23-117, BILL NO. 23-116

Date	Action By	Action	Result
1/9/2024	City Council - Regular Session	for second reading	Pass
1/9/2024	City Council - Regular Session	adopted and numbered	Pass
1/3/2024	Finance and Budget Committee	recommended for approval	Pass

Title
An Ordinance approving Amendment No. 7 to the budget for the Fiscal Year ending June 30, 2024, as adopted by Ordinance No. 9704, Ordinance No. 9705, Ordinance No. 9706, Ordinance No. 9707, and Ordinance No. 9708, by amending the authorized expenditures for the City.


Body
Issue/Request:
An Ordinance approving Amendment No. 7 to the budget for the Fiscal Year ending June 30, 2024, as adopted by Ordinance No. 9704, Ordinance No. 9705, Ordinance No. 9706, Ordinance No. 9707, and Ordinance No. 9708, by amending the authorized expenditures for the City.


Key Issues:
-The Mayor and City Council approved the expedited purchase of a Public Safety Command vehicle, $208,000, Ordinance No. 9813, on December 12, 2023. The money for the purchase needs to be transferred from the Public Safety Sales Tax (PSST) fund to the Fleet fund. The PSST has personnel savings to cover the expense in FY24. The purchase is planned as a part of the PSST. The money needs to be transferred to and increase the authorized expenditures for the Fleet fund so the purchase can be managed as a part of the Vehicle Equipment Replacement Program (VERP). The annual VERP payment for the Command vehicle will be $25,311
-The Police department has the need to add an additional patrol vehicle, $41,465, as planned in the PSST. The PSST has personnel savings to cover the expense in FY24. The money needs to be transferred to and increase the authorized expenditures for the Fleet fund so the purchase can be managed as a part of the Vehicle Equipment Replacement Program (VERP) The annual VERP payment for the vehicle will be $12,225
-The City has sold real property that no longer served a purpose for the municipality. The proceeds from the sale of the property, $2,795,485, is deposited into the General Fund because the asset was a General Fund asset. It is the intent of the Mayor and City Council that the proceeds from the sale be transferred from the General Fund to the Green Street Improvement fund for ...