Title
ORDINANCE NO. 24O-12-163: AN ORDINANCE APPROVING A CAPITAL BUDGET ADJUSTMENT AND A SUPPLEMENTAL APPROPRIATION OF ADDITIONAL REVENUES AND EXPENDITURES IN THE FISCAL YEAR 2025 BUDGET TO TRANSFER VARIOUS GENERAL OBLIGATION BOND LINE ITEMS; PROVIDING FOR VARIOUS BUDGET CODE NUMBERS; PROVIDING FOR AN EFFECTIVE DATE (REQUESTED BY INTERIM CITY MANAGER, KENNIE HOBBS, JR.)
Body
Request Action:
Approve Supplemental Budget to transfer various General Obligation (GO) Bond line items for the completion of projects.
Need Summary Explanation/ Background:
Transfer various revenue and expenditures accounts relating to GO Bond projects.
Cost Summary/ Fiscal Impact:
Transfer funds in the total amount of $10,457,279.00
Attachments:
Supplemental Appropriation
Budget Code Number(s): Various as indicated.
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