TO: Mayor and Commissioners
FROM: Laura Thezine, Acting Chief Financial Officer
THROUGH: Terrence R. Moore, ICMA-CM
DATE: November 19, 2024
Title
RESOLUTION NO. 215-24 AMENDING THE FISCAL YEAR 2024-25 BUDGET ADOPTED BY RESOLUTION NO.175-24 ON SEPTEMBER 16, 2024.
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Recommended Action:
Recommendation
Motion to Approve Resolution No. 215-24 amending the Fiscal Year 2024-25 budget adopted on September 16, 2024.
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Background:
The purpose of this request is to amend the adopted Fiscal Year (FY) 2024-25 budget to account for items that were not anticipated, or measurable at the time of original budget adoption. Per Florida State Statute (FSS) 166.241, the City’s Adopted Budget may be revised with a Budget Amendment approved by the City Commission. Provided below is a summary of the budget changes staff is recommending. The attached Resolution and Exhibit A provide details of the proposed additional changes.
General Fund (334) $93,400
1. City Manager (CM) Department
Request to amend the FY 2024-25 CM Department budget to account for the Provision of Process and Internal Control Assessment Services to be performed by an external audit firm. The funding is available in the Non-Operating Contingency account.
The transfer amount requested is $60,000.
Funding Source: No Change in the General Fund. Non-Operating Contingency
2. Human Resources (HR) Department
Request to amend the FY 2024-25 HR Department budget to account for consulting fees related to the executive recruitment for the Internal Auditor role. The funding is available in the City Commission Department / Internal Auditor Division.
The transfer amount requested is $33,400.
Funding Source: No Change in the General Fund. Internal Auditor Salaries and Wages.
General Construction Fund (334) $547,508
Parks and Recreation Department
Request to amend the General Construction Fund FY 2024-25 Budget. Pompey Park received $935,000 in reimbursable gran...
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