5:31 p.m. Public Hearing Request for Fiscal Year 2014/2015 Re-budgets
From:
Amy Lovoy, Department Director
Organization:
OMB
CAO Approval:
RECOMMENDATION:
Recommendation Concerning the Scheduling of a Public Hearing for Re-budgeting Ongoing Grant and Project Funding - Amy Lovoy, Management and Budget Services Department Director
That the Board authorize the scheduling of a Public Hearing on November 6, 2014, at 5:31 p.m., concerning re-budgeting ongoing Grant and Project Funding that will amend the Fiscal Year 2014/2015 Budget and appropriate these funds for those related ongoing Grants and Projects.
BACKGROUND:
Re-budgets are funds for grants and projects that were approved in FY2013/14 or earlier, but since the associated projects were not completed, the associated funding must be brought forward into the FY2014/15 Budget, to the grants and project expenditures can be completed.
BUDGETARY IMPACT:
N/A
LEGAL CONSIDERATIONS/SIGN-OFF:
N/A
PERSONNEL:
N/A
POLICY/REQUIREMENT FOR BOARD ACTION:
Board policy requires increases or decreases in revenues to be approved by the Board.