Title
An ordinance amending the budget for the Fiscal Year 2019-20 as heretofore approved by Ordinance No. 4719 of the City of Mesquite, Texas, adopted on September 16, 2019, and later amended by Ordinance No. 4755 on January 21, 2020, by appropriating and setting aside the necessary funds out of the general and other revenues of the City of Mesquite for Fiscal Year 2019-20, 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 second amended budget.
Body
The Fiscal Year 2019-20 annual operating and capital budget was adopted by the City Council on September 16, 2019, and later amended on January 21, 2020, for the financial plan of operations beginning October 1, 2019, to September 30, 2020. Because changes in revenue estimates and expenditures often occur throughout the year, department heads have the authority to move funds within their departments. Amending the adopted budget to account for significant changes in revenues and expenditures is a common best practice in local government finance. The adjustments to the budget are incorporated in the Fiscal Year 2019-20 amended budget financial schedules that are attached to the proposed ordinance. A written summary of these 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