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Budget Resolutions Recognizing Additional Revenue From Grant Funding and Mid-Year Adjustment for FY 2022-23
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BRIEF OVERVIEW
Budget resolutions to recognize additional Grant funding received in FY23 for Contracted Services, CIP-AP Infrastructure, Improvements and to correct mid-year adjustment.
FINANCIAL IMPACT
Increased various expenditure accounts in the following funds/depts: General fund $8,516, Airport $899,381, Transportation Trust Fund $20,887 and Ridge Manor Street Lighting $100,219.
LEGAL NOTE
The Board has the authority act on this matter pursuant to Chapter 125, Florida Statutes.
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RECOMMENDATION
It is recommended the Board approve and authorize the Chairman’s signature on the attached budget resolutions to recognize additional revenues from grant funding.