Title:
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Approve and authorize the Chairman to execute a Resolution implementing Budget Amendment Request (BAR) #26-049 in various Countywide Funds in the net amount of $720,910.62 to facilitate the Fiscal Year 2025/26 year-end close-out process. Countywide (Timothy Jecks, Budget Director)
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Division:
division
Management and Budget
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Authorized By:
Timothy Jecks, Budget Director
Contact/Phone Number:
Timothy Jecks/407-665-7181
Background:
The attached budget amendment totaling $721K includes an accounting adjustment of $971K related to the accounting of fare and advertising revenue collections for the micro-transit service. An increase of $600k for an interfund transfer within the Water & Sewer subfunds. A net decrease of $851,000 related to various grant budget agreements. A detailed report of all adjustments is included in the back up.
Requested Action:
Staff requests the Board approve and authorize the Chairman to execute a Resolution implementing Budget Amendment Request (BAR) #26-049 in various Countywide Funds in the net amount of $720,910.62 to facilitate the Fiscal Year 2025/26 year-end close-out process.