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Franklin amends fiscal 2024–25 budget to add $603,573 in revenue and reallocate spending
2114038 · January 15, 2025
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Summary
City staff presented and the board approved Ordinance 2024-48, a second fiscal-year budget amendment that increases revenues by $603,573 and reassigns funds for software, a military service payout, equipment and land purchase accounting.
The Board of Mayor and Aldermen unanimously approved Ordinance 2024-48 on Jan. 14, the second budget amendment for fiscal 2024–25.
Michael Walters Young, chief budget performance officer, told the board revenues are $603,573 higher than expected, driven in part by higher…
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