ROSWELL NEW MEXICO
COMMITTEE AGENDA ITEM ABSTRACT
COMMITTEE AGENDA ITEM ABSTRACT
4.
Finance Committee
- Meeting Date:
- 07/23/2025
COMMITTEE:
Finance
CONTACT:
Toni Gomez
CHAIR:
Robert B. Corn
ACTION REQUESTED:
Consider approval of Resolution 25-XX approving year-end budget adjustments for the fiscal year ending June 30, 2025. (Gomez)
BACKGROUND:
Initiated by: Toni Gomez
The New Mexico Department of Finance Administration (DFA), requires approval of a budget adjustment when increasing revenue and/or expense in the approved budget. The finance department is requesting a budget adjustment for line items in Exhibit “A”. These adjustments are for various departments.
The New Mexico Department of Finance Administration (DFA), requires approval of a budget adjustment when increasing revenue and/or expense in the approved budget. The finance department is requesting a budget adjustment for line items in Exhibit “A”. These adjustments are for various departments.
FINANCIAL CONSIDERATION:
- Various Funds
LEGAL REVIEW:
No legal review is required at this time.
BOARD AND COMMITTEE ACTION:
Consider approval of Resolution 25-XX approving year-end budget adjustments for the fiscal year ending June 30, 2025.
STAFF RECOMMENDATION:
Proceed as presented. Will provide "Exhibit A" once completed.