SUBJECT:
Title
Public Hearing: A Resolution of the Town Council of the Town of Erie Providing for Supplemental Appropriations for the 2024 Budget Year
Body
DEPARTMENT: Finance Department
PRESENTER: Cassie Bethune, Finance Manager
Sara Hancock, Finance Director
TIME ESTIMATE: 30 minutes
only required for non-consent items
STAFF RECOMMENDATION:
Recommendation
Staff recommends the Town Council approve the resolution providing for a supplemental appropriation for the 2024 budget year.
end
SUMMARY AND BACKGROUND OF SUBJECT MATTER:
The Town of Erie Town Council adopted the 2024 Budget on Nov. 14, 2023. Generally, staff reviews the adopted budget and requests supplemental appropriations throughout the year to update the budget to reflect actual revenues and expenditures, year-to-date Town Council actions, and projected revenues and expenditures for the remainder of the fiscal year.
Board Priorities Addressed:
ü Fiscal Responsibility
ü Effective Governance
Attachment(S):
1. Resolution
2. 2024 3rd Supplemental Budget Memo
3. 2024 3rd Supplemental Detail Schedules
4. Presentation