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Roanoke City Council adopts FY24-25 revenue and expenditure adjustment ordinance
Summary
The Roanoke City Council adopted an ordinance adjusting the fiscal year 2024-25 budget to recognize updated revenues and to appropriate funds for mandated human services, including Children's Services Act expenses.
The Roanoke City Council voted unanimously to adopt an ordinance amending the fiscal year 2024-25 budget to recognize additional revenues and appropriate funding for operational needs, including mandated human services tied to the Children's Services Act.
The ordinance, described by Finance Director Margaret Lindsay as a routine year-end exercise, adjusts revenues and matches expenditures where revenues are tied one-to-one to human services obligations. Lindsay told council the process mirrors an exercise the city performed in 2023 and is intended to reconcile projected revenues with current-year needs…
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