FINANCIAL BUSINESS REQUEST (FBR)
Motion/Request:
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MOTION to authorize overexpenditure of winter operations budget accounts 10140103-51815 (Snow Overtime), 10140103-58300 (Employee Reimbursement), and 10140107-56301 (Salt and Sand) due to higher-than-normal winter operation’s needs.
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Background:
We have experienced a modest number of winter weather events this season, but they have resulted in an unprecedented pattern of overtime events. To date, winter operations have been greater than 98% overtime and nearly 75% double time. At not even the 50% point of winter, nearly 70% of the budget has been spent/committed.
The average projected ultimate spending on winter operations is nearly $80K over budget. About $30K of this is attributable to the budget process reduction to the salt account. The rest may be attributed to the overtime timing of events. The attached graph shows the trends for this winter season in historical context.
Department Comment/Recommendation:
Recommend the granting of authority to overexpend the winter operations accounts that would most likely have inadequate funding according to present realities and projections.
Finance Director Comment/Recommendation:
(type text here)
Mayor Comment/Recommendation:
I support this request and one of the core functions of government, safe and passable roads is a critical component. With the potential for another major winter storm on 1/25-1/26, at least part of that storm will come with increased costs due to timing.