CITY OF TEXARKANA, AR

REQUEST FOR BOARD ACTION

 

AGENDA TITLE: Adopt a Resolution to include the wording “to amend the FY2016 Budget for appropriations stated in Resolution No. 2016-12 and Resolution No.2016-45. (FIN)

AGENDA DATE:  August 1, 2016

ITEM#:  8B

DEPARTMENT: Finance

DATE SUBMITTED: July 19, 2016

PREPARED BY: 

SUBJECT: 

EXHIBITS:  Resolution, Resolution No. 2016-12 and Resolution No. 2016-45.

APPROVAL: 

 

EXPENSE REQUIRED: $37,201

AMOUNT BUDGETED: $17,828

APPROPRIATION REQUIRED:  $19,373

SUMMARY:  This is a housekeeping item.  Resolution No. 2016-12 and Resolution No. 2016-45 were adopted without the budget being amended mentioned in the resolutions.      

BOARD ACTION:  The City Manager and staff recommend board approval.

EMERGENCY CLAUSE:  No emergency clause is requested. 

 

 

 


RESOLUTION NO. ______

 

WHEREAS, Resolution No. 2016-12 authorized execution of an agreement for certain secretarial services; however the amount so approved was approximately $268.00 less than the amount provided by the FY2016 budget (the amount previously budgeted being based on the prior year’s corresponding expense); and

WHEREAS, Resolution No. 2016-45 provided for the acceptance and disposition of grant funds in the amount of $19,105.00, all as more specifically set forth therein; and

WHEREAS, it is necessary to amend the FY2016 budget to provide for the appropriation of said $268.41 and, further, to provide for budgetary recognition of acceptance and anticipated expenditure of grant funds in the amount of $19,105.00;   

NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the City of Texarkana, Arkansas that the FY2016 Budget is hereby amended to provide for the above described appropriation and budgetary grant funds acceptance and anticipated expenditure. 

PASSED AND APPROVED this 1st day of August, 2016.

 

_____________________________

Ruth Penney Bell, Mayor

ATTEST:

 ________________________________

Heather Soyars, City Clerk

 

APPROVED:

 ________________________________

George Matteson, City Attorney

 

 

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