Title
ORDINANCE NO. 25O-09-140: AN ORDINANCE APPROVING A SUPPLEMENT APPROPRIATION FOR FISCAL YEAR 2025 IN THE TOTAL AMOUNT OF $10,498,230; REFLECTING APPROPRIATE ADJUSTMENTS TO VARIOUS REVENUE AND EXPENDITURE ACCOUNTS; PROVIDING VARIOUS BUDGET CODE NUMBERS; PROVIDING FOR AN EFFECTIVE DATE (REQUESTED BY CITY MANAGER, KENNIE HOBBS, JR.).
Body
Request Action:
The Commission is requested to approve an end of year supplemental appropriation to the FY 2025 Budget
Need Summary Explanation/ Background:
The supplemental appropriation of additional revenues and expenditures in the total amount of $10,498,230 to the Fiscal Year 2025 budget to transfer funds among various budgeted line items, a copy of which is attached hereto and incorporated by reference, is hereby approved.
Cost Summary/ Fiscal Impact:
$10,498,230
Attachments:
1. Ordinance
2. Supplemental Appropriation
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