approve2024-111
Approve 2024-111 (authorize transfer of $19,500 from the FY25 Budget Reserve account to Mayor Other Expenses and Administration & Finance Other Expenses).
2024-111 · BUDGET · 2024
An Order to authorize a transfer of $19,500.00 from the FY25 Budget Reserve account to Mayor Other Expenses and Administration & Finance Other Expenses.
Authorizes a $19,500 budget transfer from the FY25 Budget Reserve to reimburse Mayor and Administration & Finance accounts for a compensation study and CFO recruitment costs. It specifies transfers to Mayor Consulting, Administration & Finance Consulting, Training, and Travel accounts.
approved CITYWIDE
- STEP 1SubmittedSEP 24 2024
- STEP 2 · CURRENTApprovedSEP 24 2024
AI summary · plain-language
This ordinance authorizes a one-time budget transfer of $19,500 from the FY25 Budget Reserve to the Mayor's Office and Administration & Finance Other Expenses. The purpose is to reimburse these accounts for the cost of a compensation study and to cover the expense of hiring a recruiting firm to assist with recruiting a Chief Financial Officer. The transfer is allocated to specific line items: Mayor Consulting ($2,000), Administration & Finance Consulting ($15,000), Training ($1,000), and Travel ($1,500), all funded from the Budget Reserve (100 0946 5980 00).
Key provisions
§1 Transfers $19,500 from the FY25 Budget Reserve to Mayor Other Expenses and Administration & Finance Other Expenses.
§2 Reimburses the compensation study costs from the budget transfer.
§3 Covers the cost of hiring a recruiting firm to assist in CFO recruitment.
§4 Funds are transferred from Budget Reserve to the specified accounts.
Discussed at meetings
City CouncilCity Council Meeting