COUNCIL AGENDA ITEM
SUBJECT:
title
Resolution No. 2019-R-22; November Amended Budget for Fiscal Year 2019-2020.
body
DEPARTMENT:
Finance
SUMMARY:
The City Manager and staff performed a review of the projects initiated in prior year and incomplete prior to commencement of current fiscal year and funds encumbered with open purchase orders approved in the prior fiscal year that were not complete as of 9/30/19 fiscal year end, and other additional operating needs have been identified and funding sources or other savings identified to cover the costs; and the City Council of the City of Edgewater amends the Fiscal Year 2019-2020 budget by revising the budget in total pursuant to itemizations contained in Exhibit “A” of the resolution.
BUDGETED ITEM: ☒ Yes ☐ No ☐ Not Applicable
BUDGET AMENDMENT REQUIRED: ☒ Yes ☐ No ☐ Not Applicable
RECOMMENDED ACTION:
Motion to approve Resolution No. 2019-R-22 herein referred to as the November Amended Budget for Fiscal Year 2019 - 2020.