2024-08-20 IX. A. Ex.7 !HINUTE FILE
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Okeechobee of s4rilvit4
FLORIDA • - 191;®/I/.t
Identification of Revised items for Budget Workshop August 20, 2024
GENERAL FUND
Description Changes
Reven ties
Input Option #2 millage rate of 6.1602 (Rollback w/PCI) $ 3,027,222
Budgeted Fuel cost for all Departments
Reduced the per gallon budgeted fuel cost $ (11,575)
General Services
Increased budgeted Animal Cost $ 8,500
CAPITAL FUND
Description Changes
Removed Light Poles& Globes at City Hall $ (10,000)
Removed Landscape for City Hall $ (20,000)
Shifted Replacement Dump Truck to ARPA Fund Cost $ (100,000)
Removed Chamber Septic to Sewer $ (20,000)
Adjusted Parks and Park Capital Improvements $ (25,000)
Adjusted Christmas Display $ (5,000)
S:\INDIA\BUDGET\2025 Budget\August 20\2024 08 20 Revisions
�fpa�� y Okeechobee CityCouncil
4°`�,�•oF•oxEe�= CITY OF OKEECHOBEE
oa,� Mayor Dowling R. Watford, Jr.
55 SE THIRD AVENUE
•_ Vice Mayor Monica Clark
•: a; OKEECHOBEE, FL 34974 Noel Chandler
Phone: (863)763-3372 Bob Jarriel
:M,,W www.cityofokeechobee.com David McAuley
Office of the City Administrator
Direct Line: 873-763-9812
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MEMORANDUM I X•a• ex.7
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TO: City Council dfSki fed 6)64
FROM: Gary Ritter, City Administrator
RE: Street Sweeper Information
DATE: August 20, 2024
I have broken down the monthly costs of the Street Sweeper using a life span of 15
years.
Monthly Costs are as follows:
70 gallons x $4/gal $280.00
Monthly Maintenance $150.00
16 hrs/month x $27.65/hr (ave. wage rate) $442.40
Purchase Cost of Street Sweeper
($300,000/180 months or 15 years) $1,667.00
Insurance $50.00
Total Cost per Month $2,589.40
Annual Contract for sweeping $3,667.00
Cost Savings $1,077.60
Purchasing the street sweeper vs. hiring a company gives the city a savings of$1,078
per month.
At a 10-year life expectancy we would be looking at a cost of $3,422.40 and at a 12-
year life expectancy we would be looking at $3,005.40 both still lower than
$3,667. Obviously, we would realize our biggest savings the longer we keep the
machine.