Legislation Details

File #: 25-7684    Version: 1 Name: Public Hearing - MQOLC FY 24-25 Mid-year Budget
Type: Agenda Item Status: Passed
File created: 5/14/2025 In control: City Council
On agenda: 6/2/2025 Final action: 6/2/2025
Title: Consider a resolution approving the Mesquite Quality of Life Corporation's (MQOLC) mid-year amended budget for Fiscal Year 2024-25.
Attachments: 1. MQOLC Resolution, 2. Resolution

Title

Consider a resolution approving the Mesquite Quality of Life Corporation’s (MQOLC) mid-year amended budget for Fiscal Year 2024-25.

 

Body

The Mesquite Quality of Life Corporation (MQOLC) budget for Fiscal Year 2024-25 was adopted by the MQOLC Board of Directors on June 27, 2024, and approved by the City Council on July 15, 2024, per Resolution No. 32-2024.  Because changes in revenue estimates and expenditures often occur throughout the year, amending the adopted budget to account for significant changes in revenues and expenditures is a common best practice in local government finance.

 

The MQOLC Board of Directors approved Resolution No. 2025-09 for the Fiscal Year 2024-25 mid-year amended budget at their regular MQOLC meeting on April 23, 2025.

 

Recommended/Desired Action

Staff recommends approval of the resolution.

 

Attachment(s)

MQOLC Resolution

Resolution

 

Drafter

Kim Buttram

 

Head of Department

Kim Buttram