SUBJECT:
Title
General Fund - Fleet Management - $1,209,597
Body
INITIATOR:
DEPARTMENT:
Mark Williams, Director
Fleet Management
DESCRIPTION/BACKGROUND:
Due to the current fuel crisis and continued increase of fuel costs, Fleet’s previously projected fuel expenditure is higher than the original budgeted amount. Staff is estimating $1,209,597 for the additional costs to purchase fuel through the end of the fiscal year. The revenue required will be recovered through departmental billing. As such, the funding for Fleet does not impact General Fund reserves.
BUDGET/IMPACT:
Increase General Fund appropriation by $1,209,597.
RECOMMENDED ACTION:
Recommended action
Approve attached Budget Amendment Resolution.
end