Ord 13-52
Ord 13-52
CITY COMMISSION REGULAR MTG
- Meeting Date:
- 11/15/2023
- Title:
- Amend the fiscal year 2023/2024 budget to include outstanding encumbrances from the 2022/2023 fiscal year.
- Submitted For:
- Laura Boyd
- Submitted By:
- Laura Boyd, Finance
- Department:
- Finance
Information
ACTION REQUEST
Consider approval of a request to amend the fiscal year 2023-2024 budget to include outstanding encumbrances from the 2022-2023 fiscal year.
BACKGROUND (Brief Summary)
Purchase orders for purchases or projects outstanding at the end of the 2022-2023 fiscal year are to be canceled and rolled into the current fiscal year 2023-2024. Since encumbrances impact budgets, the current fiscal year’s budget must be increased to reflect outstanding encumbrances from the 2022-2023 fiscal year.
RECOMMENDATION
Recommend approval.