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HomeMy WebLinkAboutTR-94-81 Report to the Chairman and Members of the General Purpose and Administration Committee meeting of November 23, 1981. Report Number: TR-94-81 Subject: Funding of Public Works Department Equipment Acquisition 1981 ------------------------------------------------------------------------------------- Recommendation: It is respectfully recommended that: 1. This report be received; and 2. The following resolution be approved; That the following capital acquisitions for the Public Works Department be approved: (a) Air Compressor 43,430.40 (b) Hoist - 2,783.70 (c) Chain Saw - 321.70 (d) Tolley - 689.76 (e) 2 Trucks - 86,102.90 (f) Half Ton Truck - 6,000.00 (g) Hopper Sander - 6,670.00 and that the purchase of said equipment be funded through Reserve - Public Works Equipment. -------------------------------------------------------------------------------------- Background and Comment: In reviewing the 1981 current budget and the capital commi'ttments, we have found no approvals for the purchase or funding of capital equipment for the Public Works Department. Several pieces of equipment have been tendered and those tenders have been accepted by Council . We require approval to pay for that equipment from the Reserve - Public Works Equipment, The reserve balance as of October 31, 1981 stands as follows: Balance December 31, 198 1) $137,720 1981 Revenue 420,636 1981 Expenditures for Maintenance Repairs (244,048) 16 L'n 1981 Expenditures for new Equipment (7,226) �;(� Balance October 31, 1981 $ 307 U° �P, ,083 - 2 - TR-84-8l Funding f Public Works Department E i t Acquisition 1981 Rep8CtfUlly Submitted, Kathryn A Campbell ,' C.A. , 8.000. , Treasurer ., 17 ll 81 ' R81-FS-6 /O\ (