Title
An Ordinance approving Amendment No. 3 to the budget for the Fiscal Year ending June 30, 2025, as adopted by Ordinances 9936, 9937, 9938, 9939, and 9940, by amending the authorized expenditures for the City. (F&BC 12/2/24)
Body
Issue/Request:
An Ordinance approving Amendment No. 3 to the budget for the Fiscal Year ending June 30, 2025, as adopted by Ordinances 9936, 9937, 9938, 9939, and 9940, by amending the authorized expenditures for the City.
Key Issues:
-Mayor and City Council approved a Public Service Agreement (PSA) with Lee's Summit Economic Development Council (LSEDC) Bill No. 24-205, the budget amendment adds the needed spending authority in the Business and Industry Fund to meet the City's commitment.
Lee's Summit Economic Development Council $200,000.00
-Increase in the Public Safety Equipment Replacement Fund for $63,164.00 for funds paid in the program for the replacement of ballistic vests and the associated accessories for the Police department, Bill No. 24-201. The balance of the order will be paid from the Police and Fire departments accounts in the General Fund .
Presenter
Rick Gentry, Budget Manager
Recommendation
Recommendation: Staff recommends approval
Committee Recommendation
Committee Recommendation: A motion was made by Councilmember DeMoro, seconded by Mayor Pro Tem Lopez, that TMP-3191 be recommended for approval to the City Council. The motion carried by a unanimous 4-0 vote.