Broward County Commission Regular Meeting
Director's Name: Norman Foster
Department: Office of Management and Budget
Information
Requested Action
title
MOTION TO ADOPT Resolution directing the County Administrator to publish Notice of Public Hearing to be held on May 7, 2024, at 10:00 a.m., in Room 422 of Governmental Center East to consider adopting supplemental budgets to recognize changes in revenues and appropriations.
body
Why Action is Necessary
Supplemental budgets are required whenever the existing budgeted revenue sources are increased and the change results in an increase in the total appropriations of a fund.
What Action Accomplishes
The primary purpose of the supplemental budget amendments is to adjust the Fiscal Year 2024 budgeted fund balances to reconcile with the Fiscal Year 2023 audited financial statements.
Goal Related Icon(s)
☐County Commission
☐Go Green
☐MAP Broward
Previous Action Taken
None.
Summary Explanation/Background
A public hearing is requested to adopt supplemental budget amendments in various County funds, primarily to adjust the revenues and/or appropriations as needed to correspond with the Fiscal Year 2023 audited financial statements, including reconciling budgeted fund balances with actual audited fund balances.
Source of Additional Information
Norman Foster, Director, Office of Management & Budget, (954) 357-6346
Fiscal Impact
Fiscal Impact/Cost Summary
The fiscal impact of the supplemental budgets will vary by fund and will be described in each individual agenda item.