COUNCIL AGENDA ITEM
SUBJECT:
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Resolution No. 2024-R-34; Approve Final Year End Budget appropriations for Fiscal Year 2023-2024.
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DEPARTMENT:
Finance
SUMMARY:
Florida Statutes including Chapter 166.241 provides that the City Council shall adopt a final budget and all adjustments within 60 days following the end of the fiscal year after the end of the fiscal year, the budget amendment must be adopted in the same manner as the original budget unless otherwise specified in the charter of the respective municipality. The City Manager and staff performed a final year-end budget to actual review of the revenue and expenditure for each fund. The City Council of the City of Edgewater amends the Fiscal Year 2023-2024 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. 2024-R-34 and all necessary budget amendments.