Title
An ordinance amending the budget for the fiscal year of 2017-18, as heretofore approved by Ordinance No. 4505 of the City of Mesquite, Texas, adopted on September 5, 2017, appropriating and setting aside the necessary funds out of the general and other revenues of the City of Mesquite for fiscal year 2017-18, for the maintenance and operation of various departments and activities of the City, for capital and other improvements of the City and for all other expenditures included in said amended budget.
Body
The fiscal year 2017-18 annual operating and capital budget was adopted by the City Council on September 5, 2017, for the financial plan of operations beginning October 1, 2017, to September 30, 2018. At the end of each fiscal year there are open purchase orders and contracts that are approved purchases for that fiscal year, but have not been received or the project has not been completed. As a result, the open purchase orders and contracts are rolled from one fiscal year to the next and the related budget amount is added to the new fiscal year’s budget. The attached amended budget includes the additional budget amount for the rolled purchase orders and contracts from fiscal year 2016-17 to 2017-18, along with other minor departmental changes that have occurred after the adoption of the fiscal year 2017-18 budget.
The adjustments to the adopted budget are incorporated in the fiscal year 2017-18 amended budget financial schedules that are attached to the ordinance. A written summary of the changes to the adopted budget is also attached.
Recommended/Desired Action
Staff recommends approval of the ordinance.
Attachment(s)
Ordinance
Summary of Changes
Drafter
Myra Rogers
Head of Department
Debbie Mol