ROSWELL NEW MEXICO
AGENDA ITEM ABSTRACT
AGENDA ITEM ABSTRACT
4.
Special Council Meeting
- Meeting Date:
- 07/23/2025
COMMITTEE:
Finance
CONTACT:
Toni Gomez
CHAIR:
Robert B. Corn
ACTION REQUESTED:
Resolution 25-34 approval of Resolution 25-34 approving a budget adjustment for the fiscal year ending June 30, 2026. (Corn/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 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 revenue 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 $1,787,866.00
LEGAL REVIEW:
No legal review is required at this time.
BOARD AND COMMITTEE ACTION:
The Finance Committee heard this item on July 23, 2025, before today's Special City Council meeting.
STAFF RECOMMENDATION:
Proceed as presented. "Exhibit A" will be provided as a separate handout once completed.