COUNCIL AGENDA ITEM
SUBJECT:
title
Resolution No. 2024-R-05; June Amended Budget for Fiscal Year 2023-2024
body
DEPARTMENT:
Finance
SUMMARY:
The City Manager and staff performed an extensive mid-year review of the revenue and expenditure figures for each fund to compare the current amounts with the amount budgeted. In addition, a review of department operating needs and various projects as well as the acceptance and updates for various grants. 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-05 and authorization to procure all items detailed in the mid-year budget in accordance with the Purchasing Policy.