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 2015-2016 in the amount of $20,844,903.70 and Fiscal Year 2016-2017 in the amount of $20,015,222.73 for projects that we will complete in FY17.  Chief Financial Officer Markus Schwab will address.




SPECIAL CONSIDERATIONS OR CONCERNS:

The amendments reduce Fiscal Year 2016 budget appropriations and increase Fiscal Year 2017 budget appropriations.


STAFF RECOMMENDATION:

Staff recommends approval.

FINANCIAL IMPACT:

The budget amendments and resolutions amend out $20,844,903.70 from Fiscal Year 2015-2016 and amend in $20,015,222.73 to Fiscal Year 2016-2017.  Project rollovers amount to $19,757,802.93 with a remainder allocated for house keeping requirements.

ATTACHMENTS:
File NameDescription
AGENDA_ITEM_160927_BA_Rollovers_Resolution.docResolution and Amandment
AGENDA_ITEM_160927_BA_Rollovers_List_A_FY15-FY16.pdfList A - FY15-16 Rollovers and Amendments
AGENDA_ITEM_160927_BA_Rollovers_List_B_FY16-FY17.pdfList B - FY16-17 Rollovers and Amendments
Submitted by:

Meeting Date:

Markus Schwab, Chief Financial Officer

9/27/2016

Reviewed by:

 
Kenny Smith, City Manager