AGENDA ITEM SUMMARY
Consider for approval to amend the City of Griffin's Electric Utility Fund Fiscal Year 2014-2015 Operating and Capital budget in the amount of $69,310.00 in order to cover Electric Department's overtime expenditures associated with new industrial customers. Electric Director Bill Bosch will address. Approved
SPECIAL CONSIDERATIONS OR CONCERNS: |
These funds are needed to cover unplanned overtime that will be necessary to meet deadlines caused by the acquisition of new industrial customers. Operational, administration and billing has been and will be affected through the end of the current year's budget. Discussions concerning this need were held during the budget process but funding was not addressed at that time due to the uncertainty that the City would win these loads.
Staff recommends approval.
The resolution and budget amendment reallocates $69,310.00 to personnel services (overtime, taxes, retirement, and deferred compensation) from capital outlay - infrastructure within the Electric Utility Fund. |