The City of Lee's Summit - File #: BILL NO. 23-055

• File #: BILL NO. 23-055
• Type: Ordinance - Committee
• Status: Passed
• File created: 2/3/2023
• In control: City Council - Regular Session
• On agenda: 3/14/2023
• Final action: 3/14/2023
• Title: An Ordinance approving Amendment No. 11 to the Budget for the Fiscal Year ending June 30, 2023, as adopted by Ordinance No. 9441, Ordinance No. 9442, Ordinance No. 9449, Ordinance No. 9450, and Ordinance No. 9451, by amending the authorized expenditures to projected year amounts for the City. (F&BC 3/6/23)

Date	Action By	Action	Result
3/14/2023	City Council - Regular Session	for second reading	Pass
3/14/2023	City Council - Regular Session	adopted and numbered	Pass
3/6/2023	Finance and Budget Committee	recommended for approval	Pass

Title
An Ordinance approving Amendment No. 11 to the Budget for the Fiscal Year ending June 30, 2023, as adopted by Ordinance No. 9441, Ordinance No. 9442, Ordinance No. 9449, Ordinance No. 9450, and Ordinance No. 9451, by amending the authorized expenditures to projected year amounts for the City. (F&BC 3/6/23)
Body
Issue/Request:
An Ordinance approving Amendment No. 11 to the Budget for the Fiscal Year ending June 30, 2023, as adopted by Ordinance No. 9441, Ordinance No. 9442, Ordinance No. 9449, Ordinance No. 9450, and Ordinance No. 9451, by amending the authorized expenditures to projected year amounts for the City.
Key Issues:
Part of the Budget process is monitoring the current fiscal year budget and adjusting as needed. Once we hit the mid-point of the year we do a review of expenditures to date and identify unexpected expenditures. We then look forward to determine based on anticipated expenditures, if each Department has enough spending authority for the remainder of the fiscal year.

This year's Projections Budget Amendment includes two types of updates to the current fiscal year budget: i) increasing the spending authority for Departments that anticipate needing a higher amount; and ii) transfers that need to occur to pay a department for services performed by another department.

Below is a brief description of the situations that cause the need for additional spending authority by Department.

Proposed City Council Motion:
FIRST MOTION: I move for a second reading of An Ordinance approving Amendment No. 11 to the Budget for the Fiscal Year ending June 30, 2023, as adopted by Ordinance No. 9441, Ordinance No. 9442, Ordinance No. 9449, Ordinance No. 9450, and Ordinance No. 9451, by amending the authorized expenditures to projected year amounts for the City.

SECOND MOTION: I move for adoption of An Ordinance approving Amendment No. 11 to the Budget for the Fiscal Year ending June 30, 2023, as adopted by Ordinance No. 9441, Ordinance No. 9442, Ordi...