Broken Arrow City Council
Meeting of: 11/05/2019
Title:
title
Approval of and authorization to execute Budget Amendment Number 6 for Fiscal Year 2020
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Background:
The Municipal Budget Act adopted by the City Council allows the City to amend the budget at any time during the year for necessary expenditures incurred that exceed the original budget or when circumstances warrant the action.
Budget Amendment Number 6 is to provide funding for the signalization at the intersection of Hillside Drive and 23rd Street, Project TS1901. The construction contract was approved by the Council on January 15, 2019. During the budget process this project was inadvertently not included as a Carryover Project for Fund 42 (Streetlight Fund).
Cost: $310,000.00
Funding Source: Streetlight Fund, Fund Balance
Requested By: Cynthia Arnold, Finance Director
Approved By: City Manager Office
Attachments: Budget Amendment Number 6
Recommendation:
recommend
Approval of and authorization to execute Budget Amendment Number 6 for Fiscal Year 2020.
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