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Gregory approves first reading of $1,241,500 supplemental budget ordinance to close out 2024 projects
Summary
Finance Officer Trudy Waterman presented Supplemental Appropriation Ordinance 2024-04 to increase the 2024 budget by $1,241,500 to balance project expenditures; the council approved first reading unanimously.
Finance Officer Trudy Waterman presented Supplemental Appropriation Ordinance 2024-04, which would supplement the 2024 budget by $1,241,500 to account for expenditures on projects completed in 2024. The council approved the ordinance on first reading; Ashley Lozano moved and Guhner Kepler seconded the motion, which carried with all ayes.
The ordinance is intended to reconcile budgeted appropriations with actual expenditures for project work completed during the year; the council approved first reading, and further readings or administrative steps will follow as required by municipal procedure.
