STRATEGIC PRIORITY: Government Performance & Financial Management
AGENDA DATE: May 8, 2024
COUNCIL DISTRICT(S): All
DEPARTMENT: Budget and Management Services
EXECUTIVE: Jack Ireland
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SUBJECT
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An ordinance amending Ordinance No. 32554, previously approved on September 20, 2023, as amended by Ordinance No. 32663, previously approved on February 28, 2024, authorizing (1) certain transfers and appropriation adjustments for FY 2023-24 for the maintenance and operation of various departments, activities, and amending the capital budget; and (2) authorize the City Manager to implement those adjustments - Not to exceed $5,545,369,523 - Financing: General Fund ($1,840,372,470), Enterprise Funds, Internal Service, and Other Funds ($1,770,985,265), Capital Funds ($1,437,156,453), and Grants, Trust, and Other Funds ($496,855,335)
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BACKGROUND
On September 20, 2023, the City Council adopted the Operating, Grants/Trust, and Capital Budgets for FY 2023-24, by Ordinance No. 32554.
On February 28, 2024, the City Council adopted Ordinance No. 32663 amending Ordinance No. 32554, to adjust appropriations for various departments and funds, and to authorize various transfers.
City Charter does not allow for expenditure of City funds without sufficient appropriation (City Charter, Chapter XI, Section 6). Management has closely monitored revenues and expenses throughout the fiscal year to ensure compliance with City Charter. The amendments requested reflect: (1) appropriation adjustments previously approved by City Council; (2) adjustments to appropriate excess revenue; (3) adjustments to ensure adequate departmental appropriations in the General Fund; (4) Enterprise, Other, Grant, and Trust funds revenue and expenditure increases; and (5) capital appropriation adjustments.
PRIOR ACTION/REVIEW (COUNCIL, BOARDS, COMMISSIONS)
On September 20, 2023, the City Council adopted the FY 2023-24 City of Dall...
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