SUBJECT:
Title
PUBLIC HEARING: A Resolution of the Town Council of the Town of Erie Providing for the Supplemental Appropriation of Money to Various Funds for the 2025 Budget Year
Department
DEPARTMENT: Finance
Presenter
PRESENTER(S): Sara Hancock, Director of Finance
Cassie Bethune, Finance Manager
Scott Brown, O&M Division Manager
end
Time
TIME ESTIMATE: 10 minutes
end
For time estimate: please put 0 for Consent items.
Fiscal
FISCAL SUMMARY:
See details in Resolution.
Policy
POLICY ISSUES:
Need for supplemental appropriation to accommodate the vehicle suppliers’ schedules and to take advantage of current pricing.
Recommendation
STAFF RECOMMENDATION:
Staff recommends the Council approve the resolution that provides for a supplemental appropriation for the 2025 budget year; this resolution facilitates procurement of 2026 fleet requests to enable timely manufacturer and vendor ordering.
Body
SUMMARY/KEY POINTS
• Staff is asking Council to approve leases and purchases ahead of 2026 Budget process.
• This approval will allow the Town to take advantage of current prices.
BACKGROUND OF SUBJECT MATTER:
The Town of Erie adopted the 2025 Budget on Nov. 12, 2024. Staff is preparing the 2026 Budget for the Council review and approval. This budget will include current leases, as well as those for new and replacement Fleet vehicles. While generally these requests are submitted with the budget, due to the timing required to place orders, staff are asking Town Council to approve the leases and equipment in the 2025 Fleet Supplemental.
Funds would be appropriated in 2025 to place orders, but Council will also see the Fleet numbers reflected in the 2026 budget, since vehicles and equipment will be delivered in 2026.
priorities
TOWN COUNCIL PRIORITY(S) ADDRESSED:
☐ Attractive Community Amenities
☐ Engaged and Diverse Community
☐ Prosperous Economy
☒ Well-Maintained Transportation Infrastructure
☐ Small Town Feel
☐ Safe and Healthy Community
☒ Effective Governance
☐ Environmentally Sustainable
☒ Fiscally Responsible
attachments
ATTACHMENT(S):
1. Resolution 25-156 and Schedule A
2. Fleet Supplemental Memo
3. Fleet Supplemental Reports