AGENDA CAPTION:
Title
Consider approval of Ordinance 2024-09, on the first of two readings, amending the city’s 2023-2024 Fiscal Year budget to adjust expenditure accounts in special revenue funds; including procedural provisions; and providing an effective date.
Body
Meeting date: February 20, 2024
Department: Finance Department
Amount & Source of Funding
Funds Required: $50,000
Account Number: CVB
Funds Available: Yes
Account Name: N/A
Fiscal Note:
Prior Council Action: N/A
City Council Strategic Initiative: [Please select from the dropdown menu below]
Public Safety, Core Services & Fiscal Excellence
Choose an item.
Choose an item.
Comprehensive Plan Element (s): [Please select the Plan element(s) and Goal # from dropdown menu below]
☐ Economic Development - Choose an item.
☐ Environment & Resource Protection - Choose an item.
☐ Land Use - Choose an item.
☐ Neighborhoods & Housing - Choose an item.
☐ Parks, Public Spaces & Facilities - Choose an item.
☐ Transportation - Choose an item.
☒ Core Services
☐ Not Applicable
Master Plan: [Please select the corresponding Master Plan from the dropdown menu below (if applicable)]
Choose an item.
Background Information:
This is a standalone budget amendment for Fiscal Year 2023-2024. The purpose of this budget amendment is to add funds for the Single-Use Can Ban.
The funding for Single-Use Can Ban will be for education and outreach in the amount of $100,000. A budget transfer in the amount of $50,000 will come from ARPA dollars and the remaining $50,000 will be funded by Hotel Occupancy Tax.
Exhibit A shows the amount being amended by fund and account and a includes a brief explanation.
Council Committee, Board/Commission Action:
N/A
Alternatives:
N/A
Recommendation:
City Council approve the ordinance amending the City’s 2023-2024 Fiscal Year budget.