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El Segundo approves midyear budget amendments with $396,294 net general fund increase
Summary
Chief Financial Officer Paul Chung presented the midyear FY 2024'025 financial report; council approved additional appropriations that increased the general fund by $396,294 to cover new personnel, firefighter promotions, pump station repairs and a previously frozen position.
Chief Financial Officer Paul Chung told the City Council that midyear revenues and expenditures for fiscal year 2024'025 are on track, and staff recommended additional appropriations that would result in a net general fund increase of $396,294.
The recommended expenditures cited by staff include funding for three new police officers and related training and equipment, salary increases tied to promotions of some firefighters to firefighter-paramedic rank, repairs to Pump Station 16, and unfreezing a management analyst position in the city manager's office. City Council approved the amendments and filed the fiscal report at the Feb. 18 meeting.
The transcript summary does not record a mover, second, or a roll-call tally for the approval; the action is recorded as approved in the meeting minutes.
