FINANCIAL BUSINESS REQUEST (FBR)
Motion/Request:
title
MOTION to approve appropriations from the receipt of sales of vehicles and equipment through GovDeals in the total amount of $8,806.11 as follows:
• $4,750 to the Public Works Large Trucks CNR Account #21040101-57312;
• $3,046.11 to the Public Works Light Equipment CNR Account 21040101-57314; and
• $1,010 to the Police Vehicle CNR Account 21020101-57510.
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Background:
The town realized a total of $8,806.11 from the sale of surplus equipment through GovDeals, as follows:
2001 Sterling L7500 Cab and Chassis - $4,750
2013 Hustler Mower - $2,826.11
2008 Nissan Altima - $1,010
Milwaukee Fuel Power Tool Components - $220
The town has previously appropriated such revenues to the respective capital reserve fund to supplement/offset direct budgetary appropriations in meeting lifecycle replacement costs.
Department Comment/Recommendation:
Inasmuch as this action is consistent with previous appropriations of GovDeals revenues, I request appropriation of these funds according to the specifics of the motion.
Finance Director Comment/Recommendation:
Mayor Comment/Recommendation:
I support the proposed appropriations from the GovDeals sale.
Meeting Action Detail: