Title
ORDINANCE NO. 23O-06-111: AN ORDINANCE APPROVING THE SIX MONTH BUDGET REVIEW OF REVENUE AND EXPENDITURE AMENDMENTS FOR FISCAL YEAR 2023 IN THE TOTAL ADJUSTMENT AMOUNT OF $8,326,727.00; APPROVING A SUPPLEMENTAL APPROPRIATION IN THE AMOUNT OF $4,310,852.00; AN INTERDEPARTMENTAL BUDGET ADJUSTMENT IN THE AMOUNT OF $3,337,709.00; LPAC SALARIES IN THE AMOUNT OF $126,966.00; AND A CAPITAL BUDGET ADJUSTMENT IN THE AMOUNT OF $551,200.00; 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:
Six Month Budget Adjustment.
Need:
Six Month Budget Adjustment.
Summary Explanation/ Background:
This Ordinance approves the six-month budget adjustment for Fiscal Year 2023 in the total amount of $8,326,727.00. This includes Supplemental Appropriation in the amount of $4,310,852.00, an Interdepartmental Budget Adjustment in the amount of $3,337,709.00, an adjustment to LPAC Salariesin the amount of $126,966.00, and a Capital Budget Adjustment in the amount of $551,200.00.
Attachments:
Six-Month Budget Adjustment Detail
Cost Summary/ Fiscal Impact:
Total budget adjustment in the amount of $8,326,727.00.
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 [ ...
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