Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Amending The Fiscal Year 2016 Adopted Operating Budget (R-2015-294), As Detailed In The Attached Exhibits 1 and 2, Revising Operating Revenues, Authorizing Budgetary Transfers And Adjustments, Reauthorizing And Re-Appropriating Certain Funding; Authorizing The Department Of Financial Services To Establish Accounts As May Be Needed; And Providing An Effective Date.
Body
Staff Recommends: Approval of the Attached Resolution.
Explanation:
Certain routine and periodic budgetary adjustments and transfers continue to be appropriate and necessary during the Fiscal Year.
The proposed amendment allocates funds related to capital projects. Funds are available from closed or delayed projects to address current obligations and needs.
This item addresses the following:
• Funding for the generator at City Hall
• Citywide transportation improvements
• Street lighting Infrastructure Replacements
Recommended for inclusion on the agenda by:
Wazir Ishmael, Ph.D., City Manager
George R. Keller Jr., Assistant City Manager Finance and Administration, Interim Financial Services Director