File #: TMP-6111    Version: 1 Name:
Type: RLA Status: Agenda Ready
File created: 10/31/2024 In control: Audit and Finance Committee
On agenda: Final action:
Title: Request for Legislative Authorization for Administrative Adjustments to 2024 Budget
Sponsors: Audit and Finance Committee
Attachments: 1. 2024 Admin Adjus Cover Letter_FINAL, 2. RLA Form 6111, 3. Revised BdgtAmend-11.04.pdf
Date Ver.Action ByActionResultAction DetailsMeeting Details
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REQUEST FOR LEGISLATIVE ACTION

Description (e.g., Contract Authorization for Information Services):

title

Request for Legislative Authorization for Administrative Adjustments to 2024 Budget

body

 

Date:                                                                10/31/2024

Department:                                          Management and Budget

Attending Meeting:                     David Reilly

Submitted By: David Reilly                     

Title:                                            Commissioner

Phone:                       518-447-5525

 

Purpose of Request:  Budget Amendment                         Enter text.

 

CONTRACT TERMS/CONDITIONS:

Party Names and Addresses:
Enter text.

 

Term: (Start/end date or duration)                      Enter text.

Amount/Raise Schedule/Fee:                                          Enter text.

 

BUDGET INFORMATION:

Is there a Fiscal Impact:                                                                Yes No

Anticipated in Budget:                                           Yes No

Spreadsheet attached:                                          Yes No

 

Source of Funding - (Percentages)

Federal:                     0.00%                      County:                      100.00%

State:                                           0.00%                      Local:                                          0.00%

 

County Budget Accounts:

Revenue Account and Line:                                           See attached

Revenue Amount:                                                                                      $3,907,846.00                     

Appropriation Account and Line:                                            See attached

Appropriation Amount:                                                                $3,907,846.00

 

ADDITIONAL INFORMATION:

Mandated Program/Service:                                          Yes No

If Mandated, Cite Authority:                                          Enter text.

Request for Bids / Proposals:

                     Competitive Bidding Exempt:                     Yes No

# of Response(s):                                                               Enter text.

                     # of MWBE:                                                                                    Enter text.

# of Veteran Business:                                          Enter text.

Bond Resolution No.:                                                               Enter text.

Apprenticeship Program                                                               Yes No

 

Previous requests for Identical or Similar Action:

Resolution/Law Number and Date:                     Enter text.

 

DESCRIPTION OF REQUEST: (state briefly why legislative action is requested)

The Department of Management & Budget is requesting Legislative authorization to make several administrative adjustments to various 2024 departmental budgets, as shown on the attached amendment. These transfers are being requested to correct accounts that either are currently negative or are forecasted to go negative by year end. The net amount of transfers requested is $3,907,846.00, but overall the amendment is cost neutral.