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2024-04 Budget Reconciliation Ordinance Appropriating Additional Monies for the Purpose of Defraying the Expenses for Certain Funds of the City of Decatur, Illinois for the Fiscal Year Ending December 31, 2023
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2024-04 Budget Reconciliation Ordinance Appropriating Additional Monies for the Purpose of Defraying the Expenses for Certain Funds of the City of Decatur, Illinois for the Fiscal Year Ending December 31, 2023
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2/8/2024 2:12:54 PM
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2/8/2024 2:12:53 PM
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Resolution/Ordinance
Res Ord Num
2024-04
Res Ord Title
2024-04 Budget Reconciliation Ordinance Appropriating Additional Monies for the Purpose of Defraying the Expenses for Certain Funds of the City of Decatur, Illinois for the Fiscal Year Ending December 31, 2023
Department
Finance
Approved Date
2/5/2024
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• The Building Fund (34); appropriate $100,000 for capital expenses for the final stages of <br /> the Second Floor Library build out. <br /> • Foreign Fire Insurance Tax (37) appropriate $15,000 for capital items not previously <br /> budgeted. <br /> • Water Fund (80) appropriate $1.8 million due to additional transfers of funds to the Water <br /> Capital Fund for projects completed sooner than anticipated. <br /> POTENTIAL OBJECTION: <br /> There are no known objections. <br /> INPUT FROM OTHER SOURCES: <br /> No input from other sources. <br /> STAFF REFERENCES: <br /> Scot Wrighton, City Manager <br /> Ruby F. James, City Treasurer& Chief Financial Officer <br /> Anthony Cooling, Budget and Revenue Officer <br /> BUDGET/TIME IMPLICATIONS: <br /> Approval of this ordinance will allow the City to secure appropriation spending authority for the full <br /> fiscal year expenditures for the funds identified in this ordinance. <br /> Page 2 of 2 <br />
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