D00557CITY OF SAINT PAUL, MINNESOTA
OFFICE OF THE MAYOR
ADMINISTRATIVE ORDER No:
. 1 Ciry Clerk BUDGET REVISION Date: -� (��
2 Finance
3 Dept.
ADMINISTRATIVE ORDER, Consistent with the authoriry granted to the Mayor in Sec[ion 10.07.4 of the City
Charter and based on the request of the Director of the Department of Planning & Economic Development, to
amend the 1995 budget of the HRA Business Loan Fund. The Director of the Department of Finance and
Management Services is authorized to amend said budget in the following manner:
Current
Budget
SPEfdDING PLAN
116 HRA Business Loan Fund
26430 Loan Workouts
0506 Bad Debi Expense
0219 Professional Services
0558 Transfers to PED Operations Fund
Net Change to Spending Plan
�
• repare y� ctmty a ger
o �,,
eques� ted�yc�tep�[rtment ector
250,000
Change
(59,706)
31,680
28,026
0
Amended
Budget
190,294
31,680
25,026
� �
� ove y: ayor
�-- Z — `��
G:ACCTHRA�FRW OODBU�B.N7C1 OS/16/95
Planning & Economic Development
6-6667
TOTAL # OF SIGNATtIRE PAGES
GREEN
�0055'7
r N°
� CITYA7TORNEY
� BUDGET �IRECTOR
O MAYOR (OR ASSISTANn
(CLIP ALL LOCATIONS FOR SIGNATURE)
ACTION FEQUESTED:
Approval of Administrative Order - Budget Revision.
or
_ PLANNING CAMMISSION _ CNIL SERVICE GOMMISSION
_ CIB COMMITTEE _
_ STAFF _
__ DI5TRIG7 COUqT _
SUPPORTS WHIGH COUNCIL OBJECTIVE?
SJ16/95
_12549
— INRIAUDATE
� GITY CAU4iG1L
� CRYCLERK
FIN. & MGT. SERVICES DIR,
}7 mr„-� n�Ne-i1L�C
5 Chief Accountant-
PERSONAL SERVICE CQNTNACTS MUST ANSWER THE FOLLOWING QUESTIONS:
1. Has ihis personAirm ever worRed under a contract for this department?
YES NO
2. Has this person/firm ever been a city employee?
YES NO
3. Does this personHirm possess a skill notnormally possessed by any current city employee?
YES NO
Explain all yes answers on separete sheet antl attach to green sheet
INITIATING PROBLEM, ISSUE, OPPORTUNITY(Who, What. When, Whare,Why)�
1995 adopted budget for loan workouts (116-26430) is $250,000. Entire amount was budgeted
in the 0500 ma�or object (relating to b�d debt exnense, etc.). Funds are needed £or
professional services to implenent loan workouts (major object 0200) and transfers to
Planning & Economic Development Operations Fund to finance saiaries (object 0558).
Workouts are required on problem loans. Professional services are required to implement
these workouts. There is no net change to the budget.
DISADVANTAGESIFAPPROVED.
�a.�
R�CE4VED
'�� - g 1995
CITY CLERK
Problem loans will continue to exist on City/HRA books.
TOTAL AMOUNT OF TRANSACTION $
COST/REVENUE BUDGETED (CIRCLE ONE)
VES NO
FUNDING SOUHCE ACTIVf7Y NUMBEH
FINANCIAI INFORMATION: (EXPLAIN) � j i r
a uv