Title
ORDINANCE NO. 4262. AMENDING ORDINANCE NO. 4213 FOR THE FISCAL YEAR 2023/24 BUDGET
PUBLIC HEARING, SECOND AND FINAL READING
(Speaker - Dan Katsiyiannis, Management and Budget Administrator)
Body
NOTE: This is one of our mid-year budget amendments for this fiscal year. The highlights of the amendment are as follows: Transfers from the General Fund $752,000 into the Youth Park Sports Complex Fund for the pre-opening costs of the Youth Park renovations, appropriates $275,000 for dispatch services from the Sheriff, and revises our annual estimate for refuse and recycling services by $1,689,855. In addition, the amendment eliminates the previously planned new water & sewer bond issue annual debt service, $1,400,000, transfers from the Public Improvement fund $3.5 million to the Capital Projects fund (primarily for the Police & Fire Campus project), revise the estimated budgets for several capital projects in total by $1.3 million, and provides for several (previously leased) new vehicles and unanticipated cost increases for the Police department of $478,670. Finally, the overall City budget will increase by $6,893,708 to a total revised City budget (all funds) of $258,660,798.
C10 on 6/13/24 Council agenda.
Recommendation
ACTION: (Pass - Deny) Ordinance No. 4262. Public hearing, second and final reading.