Title
Ordinance amending the budget for year-end FY 2014-2015
Body
SUMMARY:
Year-end amendments are needed for:
· Depreciation expense because city budgeted for the modified depreciation method
· The employee buyout costs
The Finance Director has amended the budget amendment to add expenses for park concessions, Palace Theatre wages, airport, drug dog, and downtown project. He has also increased the water depreciation account.
BUDGET ACCOUNT: ordinance required
Recommended Action
NECESSARY COUNCIL ACTION: Approve budget amendment ordinance for year-end FY 2014-15