Fiscal Note
This resolution reallocates $80,000 of previously borrowed funds and $100,000 of 2009 approved funds from specified branch-related projects to a General Technology Improvements capital project. The 2010 Capital Budget request includes an additional $43,200 for this project. A list of projects, totaling $223,200, is included as an attachment to this file. No additional G.O. borrowing is authorized by this resolution.
Title
Reallocating Library Technology Funds and amending the 2009 Capital Budget.
Body
On June 4, 2009 the Madison Public Library Board approved a proposal to reallocate previously approved capital technology funds.
WHEREAS, the Madison Public Library Board approved applying $80,000 borrowed in 2008 (capital project #810589) to general technology improvement projects rather than Ashman Branch automated check-out machines;
WHEREAS, the Madison Public Library Board also approved the transfer of $100,000 approved in 2009 (#810629) to the General Technology Improvements project (#810589);
WHEREAS, the Madison Public Library Board approved the 2010 capital funding request of $43,200 as part of the General Technology Improvements project (#810589);
WHEREAS, the Madison Public Library Board approved a plan for general technology improvements, totaling $223,200, as outlined in the attached list of Madison Public Library technology needs.
NOW, THEREFORE, BE IT RESOLVED, that $80,000 borrowed in 2008 be applied to the General Technology Improvements project; and
BE IT FURTHER RESOLVED, that the Library's 2009 capital budget be amended to transfer $100,000 of budgetary authority from Pinney Branch Improvements to General Technology Improvements.
$100,000 CE18-58505-810589 General Technology Improvements--Computer Hardware
($100,000) CE18-79140-810589 General Technology Improvements--Promissory Note Proceeds
($100,000) CB18-58430-810629 Pinney Branch Improvements--Remodeling
$100,000 CB18-79140-810629 Pinney Branch Improvements--...
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