Finance Committee - 12/02/2020 Page 20
Mayor Donchess
And just one additional thing so then the amended CERF comes to the Board of Aldermen during the budget
and you approve the amended group of — you know the amended list of equipment purchases. So it isn’t
something that is done just internally, it gains Aldermanic improvement at the end of the day.
Alderwoman Lu
If | could just follow up? One question that led me to wonder is | know that during our process of it’s not
encumbrance..
Mayor Donchess
Escrows.
Alderwoman Lu
Thank you. Regarding that point, | learned that the, I’m having a hard time concentrating. | understand that
these funds are zeroed out, they don’t keep their balance that have not been used. And so is money
appropriated for this in the past. So you don’t mean that money was appropriated for it but then it was deferred,
you simply mean that it didn’t make it to the schedule.
Mayor Donchess
Correct. | mean the CERF sometimes has a balance (audio cuts out) the CERF account might have a balance
so there’s a tentative assignment of some of the funds to a particular purchase but that is not an appropriation
into the purchase line, into the purchase itself. It is just kind of a plan and then as the budget is developed, that
plan is reviewed and if some piece of equipment can be deferred, then that’s removed from the plan. But the
Alderman do approve that plan and then that becomes an appropriation. When the equipment needs to be
purchased, we come here with, as you see, the proposed purchases on funds, you know, to spend funds that
have been appropriated for a particular piece of equipment.
Alderwoman Lu
Thank you very much, | appreciate it. | apologize for getting into that. It’s just something | didn’t quite
understand so thank you.
Mr. Ibarra
No worries.
Mayor Donchess
Anybody else? Alright, could you, Madam Clerk, please call the roll?
A viva voce roll call was taken which resulted as follows:
Yea: Alderman Klee, Alderwoman Lu, Alderman Harriott-Gathright,
Alderwoman Kelly, Alderman Laws, Alderman O’Brien, Mayor Donchess 7
Nay: 0
MOTION CARRIED
