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Council approves amendment to FY2023 budget to reconcile recent adjustments

Lantana Town Council · October 14, 2024
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Summary

The Lantana Town Council approved Resolution R12‑20‑24 to amend the fiscal‑year 2023 budget, covering unanticipated costs and newly recognized revenues; the council voted 5‑0 and packet detail was provided to explain line‑item changes.

The Lantana Town Council voted unanimously to adopt Resolution R12‑20‑24, an amendment to the town's fiscal year 2023 budget meant to reconcile unanticipated costs and newly recorded revenues. The resolution was read into the record and the director explained that the adjustment largely reflects housekeeping changes and items previously approved at council meetings but finalized after year‑end.

The presenting director told the council the overall amendment totaled "well over $312,000 and there is an itemized detail included in the packet," and said some increases reflect insurance recoveries and other post‑closing adjustments. There were no public comments on the item. After a motion and second the council approved the resolution by voice vote, 5‑0. The resolution was described as corrective rather than a new policy; the packet contains line‑by‑line detail for departments affected.