Title
ORDINANCE NO. 24O-04-120: AN ORDINANCE APPROVING THE SIX MONTH BUDGET REVIEW OF REVENUE AND EXPENDITURE AMENDMENTS FOR FISCAL YEAR 2024 IN THE TOTAL ADJUSTMENT AMOUNT OF $6,562,774.00; APPROVING A SUPPLEMENTAL APPROPRIATION IN THE AMOUNT OF $3,189,663.00; AN INTERDEPARTMENTAL BUDGET ADJUSTMENT IN THE AMOUNT OF $1,288,100.00; AND A CAPITAL BUDGET ADJUSTMENT IN THE AMOUNT OF $2,085,011.00; REFLECTING APPROPRIATE ADJUSTMENTS TO VARIOUS REVENUE AND EXPENDITURE ACCOUNTS AS SPECIFICALLY INDICATED IN THE BREAKDOWN; PROVIDING VARIOUS BUDGET CODE NUMBERS; PROVIDING FOR AN EFFECTIVE DATE (REQUESTED BY CITY MANAGER, DESORAE GILES-SMITH).
Body
Request Action:
Approve Fiscal Year 2024 six month budget review of revenue and expenditure amendments. Supplemental appropriation of $3,189,663; Interdepartmental Budget Adjustment of $1,288,100; Capital Budget Adjustment of $2,085,011 for a total adjustment of $6,562,774.
Need:
six month budget review
Summary Explanation/ Background:
Approve Fiscal Year 2024 six month budget review.
Attachments:
six month budget review
Cost Summary/ Fiscal Impact:
Include projected cost, approved budget amount and account number, source of funds, and any future funding requirements
Estimated Time for Presentation:
Master Plan:
Goal 1: Clean, Green Sustainable Environment
[ ] Increase mass transit ridership [ ] Reduce City energy consumption
[ ] Reduce water consumption
Goal 2: Safe and Secure City of Lauderhill
[ ] Crime in lower 50% in Broward [ ] Residents feel safe in neighborhood
[ ] Reduce emergency fatalities
Goal 3: Open Spaces and Active Lifestyle for all ages
[ ] Increase participation in youth sports [ ] Add new park land and amenities
[ ] Increase attendance at cultural programs and classes
Goal 4: Growing Local Economy, Employment and Quality of Commercial Areas
[ ] Increase commercial tax base [ ] Increase employment in Lauderhill businesses
[ ] Decrease noxious and blighted uses in commercial areas
Goal 5: Quality Housing at all Price Ranges and Attractive Communities
[ ] Neighborhood signs and active HOAs [ ] Housing & streets improved, litter reduced
[ ] Increase proportion of single family homes and owner occupied housing
Goal 6: Efficient and Effective City Government, Customer Focused & Values Diversity
[ ] Improves City efficiency [ ] Increase use of Information Technology
[ ] Increases residents perception of Lauderhill as an excellent place to live