Ord 13-52
Ord 13-52
CITY COMMISSION REGULAR MTG
- Meeting Date:
- 12/16/2020
- Title:
- Amend the fiscal year 2020/2021 budget to close 2019/2020 fiscal year purchase orders.
- Submitted For:
- Laura Boyd
- Submitted By:
- Laura Boyd, Finance
- Department:
- Finance
Information
ACTION REQUEST (Brief Summary)
Consider approval of a request to amend the fiscal year 2020-2021 budget to close 2019-2020 fiscal year purchase orders.
BACKGROUND
Purchase orders that are outstanding at the end of the fiscal year are to be canceled and rolled into the current fiscal year 2020-2021. Since encumbrances impact budgets, the current fiscal year’s budget must be increased to reflect outstanding encumbrances from the 2019-2020 fiscal year.