ROSWELL NEW MEXICO
AGENDA ITEM ABSTRACT
  
Regular City Council Meeting Item No. 13.          
Meeting Date: 03/11/2021  
COMMITTEE: Finance  
CONTACT: Juan Fuentes CHAIR: Jason Perry
ACTION REQUESTED:
Resolution 21-14 - Consider adoption of Resolution 21-14 to amend fiscal year ending June 30, 2021 approved budget. (Perry/Rey)
BACKGROUND:
Initiated by: Chanel Rey
 
This is a housekeeping item. Due to DFA’s new reporting system (LGBMS), we are required to approve a budget amendment when increasing a revenue and offsetting expense line item.
FINANCIAL CONSIDERATION
Revenue (various funds) $327,180 and Expenses (various funds) $1,099,893.
 
• Fund 1101 (General Fund): Revenues $2,258, Expenses $51,758
• Fund 2265 (Fire Protection Fund): Expenses $490,917
• Fund 2602 (Cemetery Fund): Expenses $121,841
• Fund 2690 (Restricted Donations Fund): Revenues $247, Expenses $110,702
• Fund 5100 (Air Center Fund): Revenues $324,675, Expenses $324,675
LEGAL REVIEW:
Resolution has been forwarded to City Attorney for review.
BOARD AND COMMITTEE ACTION:
The Finance Committee recommended (3-0) approval at their meeting on Thursday, March 4, 2021.
STAFF RECOMMENDATION:
Consider adoption of Resolution 21-14 to amend fiscal year ending June 30, 2021 approved budget.
Attachments
ATT 1 - Resolution 21-14 Budget Amendment March 2021