TO: Mayor and City Commission
FROM: Cale Curtis, City Manager
DATE: March 18, 2020
Title
AMENDING FISCAL YEAR 2020 BUDGET (ORDINANCE NUMBER 2019-8); PROVIDING FOR REPEAL; PROVIDING FOR SEVERABILITY; PROVIDING FOR AN EFFECTIVE DATE.
BACKGROUND: Per Florida Statute 166.241, the adopted budget may be revised with a budget amendment approved by the City Commission. The budget amendment increases or decreases the total amount of the adopted budget of each fund. Attached is a budget amendment for fiscal year 2020. Exhibit A has been updated to include the $10,000 to expand streaming services which was approved at the first reading.
RECOMMENDATION: For approval
FISCAL IMPACT: The fiscal impact of the budget amendment on each fund is detailed in the back-up of the ordinance.
CONTACT PERSON: Cale Curtis, City Manager