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Committee adopts 2024 budget amendment; defers decision on higher purchasing-card limits
Summary
Members approved the 2024 amended budget and asked staff to explore alternatives to an across-the-board credit-card limit increase, including temporary limit raises and bank online-pay options.
The Fenton Board Committee approved the city—s 2024 amended budget and deferred action on a staff request to raise purchasing-card limits for certain employees.
Finance staff presented the midyear budget amendment for 2024 showing, among other items, investment and interest income changes. The committee unanimously approved the amendment on a motion and second recorded in the meeting.
On a separate matter the city…
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