ROSWELL NEW MEXICO
COMMITTEE AGENDA ITEM ABSTRACT
COMMITTEE AGENDA ITEM ABSTRACT
F.13.
Finance Committee
- Meeting Date:
- 09/04/2025
COMMITTEE:
Finance
CONTACT:
Tammi Smith
CHAIR:
Robert B. Corn
ACTION REQUESTED:
Consider recommending adoption of Resolution 25-XX approving budget adjustment for the fiscal year ending June 30, 2026. (Gomez)
BACKGROUND:
Initated 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: Revenue Expense $4,914,855.68 and Expense $14,573,377.73
LEGAL REVIEW:
No legal review is required at this time.
BOARD AND COMMITTEE ACTION:
Consider recommending adoption of Resolution 25-XX approving budget adjustment for the fiscal year ending June 30, 2026.
STAFF RECOMMENDATION:
Consider recommending adoption of Resolution 25-XX approving budget adjustment for the fiscal year ending June 30, 2026.