AGENDA 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 recommends approval.
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.
|