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HomeMy WebLinkAbout12/18/2024 4I AGENDA BILL CITY OF BREMERTON 4I CITY COUNCIL SUBJECT:Ordinance No. 5505to amend Study SessionDate: December 11, 2024 Ordinance No. 5487establishing the City COUNCIL MEETING Date: December 18, 2024 24Budget Department: Finance as amended by Ordinance No. 5495 Presenter: Mike Riley & Missy Gaines Phone: (360) 473-5296 SUMMARY:This is a year-end housekeeping action. The Bremerton City Council adopted the 2024Annual City Budget by Ordinance 5487on November 15,2023,and later amended the budget by Ordinance 5495on August 7, 2024.In preparation for closing fiscal year2024, it is necessary to do a final amendment to the budget to incorporate Council actions and other unforeseen items that have arisen afterthe last amendment.This amendment is necessary to provide adequate expenditure authority for various City funds and departments. ATTACHMENTS: Ordinance No.5505to amend the 2024Fiscal Year Budget Exhibit A 2024All Funds Revenue & Expenditures Detailed supporting schedules by fund FISCAL IMPACTS(Include Budgeted Amount): Overall 2024budget will be$259,150,788 (inclusive of fund balances). STUDY SESSION ACTION:Consent Agenda General Business Public Hearing RECOMMENDED MOTION: Move to approve Ordinance No. 5505to amend Ordinance No. 5487establishing the City of 24Budget as amended by Ordinance No. 5495 COUNCIL ACTION: Approve Deny Table Continue No Action Form Updated 01/02/2018