1 CITY OF ALAMEDA RESOLUTION NO. _____
AMENDING THE FLEET REPLACEMENT FUND (601) BUDGET TO
REDUCE EXPENDITURE BUDGET FOR FISCAL YEAR 2024 -25 BY
$1,522,500 AND INCREASE EXPENDITURE BUDGET FOR FISCAL
YEAR 2023 -24 BY $1,002,000 TO PURCHASE TWO FIRE
APPARATUS ENGINES
WHEREAS, two fire apparatus engines are at or approaching their frontline service life expectancy, per Administrative Instruction 48, the City’s Vehicle Replacement Policy; and
WHEREAS, production lead times for new fire engines are up to 48 months; and
WHEREAS, Resolution 16060, which adopted the operating and capital budget for Fiscal Years 2023 -24 and 2024 -25, authorized the City Manager or their designee to carryover into Fiscal Year 2023-24 the remaining General Fund expenditure budget from Fiscal Year 2022-23 at year -end, up to a not -to-exceed amount of $3,000,000, for the purchase of police radios and a fire engine; and
WHEREAS, $1,155,064 has accrued in the Fleet Replacement Fund to purchase replacement fire engines for the two fire apparatus engines at or approaching their frontline service life expectancy; and
WHEREAS, the Fiscal Year 2023-2025 expenditure budget assumed the purchase of one replacement fire engine in Fiscal Year 2023 -24 and one in Fiscal Year 2024 -25; and
WHEREAS, the adopted Fiscal Year 2023 -24 budget included a General Fund transfer of $862,468 for the replacement of one fire engine; and
WHEREAS, $434,989.32 is therefore needed in the carryover funds approved in Resolution 16060 for executing the purchase of two fire apparatus engines in FY 2023 - 24; and
WHEREAS, purchasing both trucks in Fiscal Year 2023 -24 will save on the estimated cost of inflation.
NOW THEREFORE, BE IT RESOLVED that the Finance Director is hereby authorized to amend the FY 2023-25 Biennial Budget to advance the fire engine purchase from FY 2024-25 to FY 2023 -24 by reducing the Fleet Replacement Fund (601) budget in FY 2024-25 by $1,522,500 and increasing the budget in FY 2023-24 by $1,002,000.
2 * * * * * * *
I, the undersigned, hereby certify that the foregoing Resolution was duly and regularly adopted and passed by the Council of the City of Alameda in a regular meeting assembled on the 7th day of November 2023, by the following vote to wit:
AYES:
NOES:
ABSENT:
ABSTENTIONS:
IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the official seal of said City this 8th day of November 2023.
_____________
Lara Weisiger, City Clerk
City of Alameda
Approved as to form:
Yibin Shen, City Attorney
City of Alameda