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Council updates financial policy to improve operational flexibility and reporting
Summary
The council adopted revisions to the city’s financial policies clarifying when the city manager must notify council about departmental budget overruns and allowing necessary internal accounting transfers tied to previously approved budget items.
The Amarillo City Council adopted a revision to the city’s financial policies on Oct. 28 that clarifies how budget adjustments and internal transfers are handled and improves reporting to council on department‑level overages.
Key points of the policy revision - The city manager will notify council when an individual department within a fund exceeds its adopted budget; the notice…
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