Titletitle
Fourth Quarter Budget Adjustments
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recommendation
Budget & Admin Services
Conduct a public hearing approving the Resolution to adopt budget adjustments that amend the FY23/24 budget. These adjustments which impact various funds are needed to align the FY23/24 budget with required changes and actual activity.
Budgeted Action:
Approve the Resolution authorizing the budget adjustments as listed on Table 1 of the Resolution. These budget adjustments impact various funds in the FY23/24 budget.
Background:
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On a quarterly basis the Fiscal Services Division review budgets and funds that require amendment. Budget adjustments requests range from appropriations from reserve accounts to capital projects that require more funds due to unanticipated costs. During this process a resolution and, in some cases, a public hearing is held to amend the budget per Sec.129.06, Florida Statutes.