Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Municipal Finance Assets topic
No spam. Unsubscribe anytime.
Council approves $19,500 for update and annual maintenance of city capital asset plan
Summary
The council approved Resolution 2025-23 to appropriate $19,500 from the general fund for professional services to update the city’s capital asset plan and to establish annual updates going forward after a State Board of Accounts request.
Tanya told the council the city’s capital asset plan dated from 2018 and that the State Board of Accounts recently requested an update to records. The council approved Resolution 2025-23 to appropriate $19,500 from the General Fund (Fund 1101) for professional services to update the capital asset plan and to provide for an annual update going forward.
Tanya said the 2018 effort had not included annual updates and the appropriation covers both the current update and the establishment of recurring annual maintenance. The council opened and closed the required public hearing with no public comment and then approved the resolution by voice vote (second recorded from Sandra).
