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CITY COUNCIL AGENDA MEMO |
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| | | | | | | | | MEETING DATE: | 10/14/2024 | | DEPARTMENT: | Budget | | DIRECTOR: | Karen Rhodes-Whitley, Director of Budget and Research | | AGENDA ITEM: |
Carry-Forward Ordinance FY 2023-24 to FY 2024-25
| | RECOMMENDED ACTION: | Adoption of Ordinances |
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| | | | | | | | ITEM SUMMARY To approve the carrying-forward of certain fiscal year 2023-24 funds to fiscal year 2024-25; and providing an effective date. Adopted as amended Ordinance No. 2024-10-3 |
| | | | | | | | BACKGROUND On the evening of Monday, October 14, 2024, the City Council is scheduled to review and adopt the FY 2024-25 Carry-Forward list. The list totals $1,924,927 for the General Fund and $2,356,349 for all funds. Items included on the Carry-Forward list are projects not completed in FY 2023-24 and have not been encumbered as of 9/30/24. The funding for these projects needs to be carried-forward into FY 2024-25 for completion of the projects. |
| | | | | | | | FINANCIAL SUMMARY/STRATEGIC GOALS Funds are available from the FY 2023-24 approved budget in the listed funds as carry-forwards into FY 2024-25 for the completion of various projects and other purchases.
Approval of the Carry-Forward list relates to the City's Strategic Plan Critical Success Factor of Excellent, Innovative, and Accountable City Government. |
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