HomeMy WebLinkAboutItem #10 Mid Year Budget Amendment
AGENDA ITEM COVER SHEET
Meeting Date: 4/18/06 and 5/2/06
Item # I 0
Contact Name:
Contact Number:
Wanda Horton
Ext: 1520
Reviewed By:
Department Director:
City Manager:
~B
HJk
---
~
Subject: Mid Year Budget Amendment
Background Summary:
The budget adopted for fiscal year 2006 requires amendment to reflect a) the change in solid waste charges
resulting in additional revenues needed to fund in-house services, b) the change in stormwater charges resulting in
additional funding for stormwater projects, c) funding for General, Impact Fee, and Repair and Replacement fund
expenditures not included in the original budget.
Issue:
The budget has to be amended to authorize the increased funding and related expenses.
Recommendations
City Commission adopt the proposed budget amendment.
Attachments:
Ordinance.
Detail of budQet amendment.
Financial Impact:
The adopted budget will increase $2,398,000.
Type of Item: (please marl< with an "x')
Public Hearing
Ordinance First Reading
~ Ordinance Second Reading
Resolution
_ Commission Approval
Discussion & Direction
For Clerl<'s DeDt Use:
_ Consent Agenda
_ Public Hearing
_ Regular Agenda
_ Original Document/Contract Attached for Execution by City Clerk
_ Original Document/Contract Held by Department for Execution
Reviewed by City Attorney
Reviewed by Finance Dept.
Reviewed by ( )
N/A
N/A
N/A