Item Coversheet

AGENDA ITEM SUMMARY

ITEM SUMMARY:

Consider approval by resolution to amend the City of Griffin’s Operating and Capital Budget for Fiscal Year 2014-2015 in the amount of $16,772,617.00 and Fiscal Year 2015-2016 in the amount of $14,512,995.00 for projects that we will complete in FY16.  Chief Financial Officer Markus Schwab will address.




SPECIAL CONSIDERATIONS OR CONCERNS:


The amendments reduce Fiscal Year 2015 budget appropriations and increase Fiscal Year 2016 budget appropriations.


STAFF RECOMMENDATION:


Staff recommends approval.

FINANCIAL IMPACT:

The budget amendments and resolutions amend out $16,772,617.00 from Fiscal Year 2014-2015 and amend in $14,512,995.00 for Fiscal Year 2015-2016.  Project rollovers amount to $14,325,536.00 with remainder allocated for house keeping requirements.

ATTACHMENTS:
File NameDescription
AGENDA_ITEM_150908_BA_Rollovers_Resolution.docResolution and Amendment
AGENDA_ITEM_150908_BA_Rollover_List_A.pdfList A - Fiscal Year 2014-2015 Rollovers and Amendments
AGENDA_ITEM_150908_BA_Rollover_List_B.pdfList B - Fiscal Year 2015-2016 Rollovers and Amendments
Submitted by:

 Meeting Date:

Markus Schwab, Chief Financial Officer

9/8/2015

Reviewed by:

 
Kenny Smith, City Manager