ROSWELL NEW MEXICO
COMMITTEE AGENDA ITEM ABSTRACT
COMMITTEE AGENDA ITEM ABSTRACT
3.
Finance Committee
- Meeting Date:
- 07/23/2025
COMMITTEE:
Finance
CONTACT:
Toni Gomez
CHAIR:
Robert B. Corn
ACTION REQUESTED:
Consider recommending adoption of Resolution 25-XX approving a budget adjustment for the fiscal year ending June 30, 2026. (Gomez)
BACKGROUND:
Initiated by: Toni Gomez
The New Mexico Department of Finance Administration (DFA), requires approval of a budget adjustment when increasing revenues and/or expenses 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 revenues and/or expenses 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: Expenses $1,787,886.00
LEGAL REVIEW:
No legal review is required at this time.
BOARD AND COMMITTEE ACTION:
Consider recommending adoption of Resolution 25-XX approving a budget adjustment for the fiscal year ending June 30, 2026.
STAFF RECOMMENDATION:
Proceed as presented.