Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Amending The Fiscal Year 2025 Operating Budgets Of Various Funds As Adopted And Approved By Resolution R-2024-317; Amending The Fiscal Year 2025 Capital Improvement Plan As Adopted And Approved By Resolution R-2024-318.
Strategic Plan Focus
Financial Management & Administration
Body
Staff Recommends: Approval of the attached Resolution.
Explanation:
This Resolution seeks authorization to amend the Fiscal Year (FY) 2025 Operating Budget and the FY 2025 Capital Improvement Plan adopted and approved by the City Commission on September 18, 2024, pursuant to Resolutions R-2024-317 and R-2023-318 respectively.
Fiscal Impact:
Exhibit 1, within the General Capital Outlay Fund:
• Recognizes and allocates $6,600,000 in debt proceeds for phase 2 of the Noresco energy conservation improvement program.
Recommended for inclusion on the agenda by:
Jonathan Antista, Director of Budget & Performance Management
Adam Reichbach, Assistant City Manager