LEGISLATIVE YEAR 2020
RESOLUTION: R-20-060
PURPOSE: Relative to the approval of the purchase of one transit van
from the Capital Equipment Reserve Fund (CERF) during
FY2021
ENDORSER(S): Mayor Jim Donchess
COMMITTEE . .
ASSIGNMENT: Budget Review Committee
FISCAL NOTE: Addition to F¥2021 CERF planned purchases in the amount of
$123,521
ANALYSIS
This resolution approves the purchase of one transit van from the Capital Equipment Reserve
Fund (CERF) during FY2021. The van was totaled on April 30, 2020. The Risk Management
Department reimbursed the City General Fund $63,865 for the loss in July, 2020, A
supplemental appropriation to the Capital Equipment Reserve Fund in the amount of $63,865 has
been submitted under R-20-061, pending a public hearing and approval by the Board of
Aldermen. This item was not listed as a planned CERF replacement purchase in the FY¥2021
budgei.
NRO 5-127.1 states that annually, as part of the budget resolution, the Board of Aldermen will
approve the proposed equipment to be purchased through the Capital Equipment Reserve Fund
during the budget year under review. Any other requests to use funds from CERF must be
approved by the Board of Aldermen.
Approved as to account Financial Services Division
structure, numbers and
amount: By: /s/John L. Griffin
Approved as to form: Office of Corporation Counsel
By: /s/Celia K. Leonard
Date: August 5, 2020
