Title
ORDINANCE NO. 26O-10-141: AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF LAUDERHILL, FLORIDA, AMENDING THE CODE OF ORDINANCES CHAPTER 19, “TAXATION AND FINANCE,” SECTION 19-3, “DEFINITIONS OF MINOR OBJECT ACCOUNT, MAJOR OBJECT ACCOUNT, AND CAPITAL PROJECTS LINE ITEMS,” TO REVISE ACCOUNT DEFINITIONS, INCREASE THE CAPITAL PROJECT LINE ITEM THRESHOLD TO SIXTY THOUSAND DOLLARS ($60,000.00), AND PROVIDE FOR BUDGET TRANSFER AUTHORITY, APPROVAL REQUIREMENTS, AND RESTRICTIONS; PROVIDING FOR CODIFICATION; PROVIDING FOR CONFLICTS; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE. (REQUESTED BY CITY MANAGER, KENNIE HOBBS, JR.).
Body
Request Action:
Approve the ordinance to give the City Manager more flexibility to manage the budget while maintaining Commission oversight of major budget changes.
Need Summary Explanation/ Background:
The ordinance establishes budget control groups and clarifies transfer rules to allow routine budget adjustments while maintaining Commission oversight.
Cost Summary/ Fiscal Impact:
Budget adjustments will use existing appropriations; no additional future funding is required.
Attachments:
Number all attachments consecutively.
1) Ordinance
2) Text Amendment
Budget Code Number(s): __________________________________
Procurement Information: [check all that apply]
[ ] RFP/Bid [ ] Emergency Purchase [ ] SBE
[ ] Proposal/Quote [ ] State Grant Funds [ ] Local Preference
[ ] Piggyback Contract [ ] Federal Grant Funds
[ ] Sole Source [ ] Matching Required