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HomeMy WebLinkAbout~Master - Setting May 28, 2024 as Date of Public Hearing to Consider Adoption of Final Amendment to FY 2023/24 Budget RESOLUTION NO. 24-263 RESOLUTION SETTING MAY 28, 2024 AS THE DATE OF PUBLIC HEARING FOR THE ADOPTION OF THE FINAL AMENDMENT TO THE FISCAL YEAR 2023/24 BUDGET FOR THE CITY OF AMES,IOWA WHEREAS,the deadline to adopt a final amendment to the FY 2023/24 budget is May 31, 2024. The final amendment process allows the City to modify the annual budget one final time before the end of the fiscal year. Typical final amendments include: new grants/funding sources, modifications to CIP schedules or costs, material programmatic changes, and other significant changes in revenues/expenses; and, WHEREAS, a public hearing must be held prior to adoption of the final amendment. Staff is proposing that the City Council hold the public hearing for the final amendments for FY 2023/24 during the regularly scheduled City Council meeting on May 28, 2024; and, WHEREAS, a public hearing is required by State law in order to proceed with the City Manager's recommended budget and any modifications made by City Council. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa, that setting May 28, 2024 as the date of Public Hearing for the adoption of the final amendment to the Fiscal Year 2023/24 Budget is hereby approved. ADOPTED THIS 141h day of May, 2024. Renee hall, City Clerk John A. Haila, Mayor Introduced by: Beatty-Hansen Seconded by: Betcher Voting aye: Beatty-Hansen, Betcher, Gartin, Junck, Rollins Voting nay: None Absent: Corrieri Resolution declared adopted and signed by the Mayor this 141h day of May, 2024.