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HomeMy Public PortalAbout2023-042 Resolution Approving a Budget Amendment for FY23RESOLUTION 2023-042 RESOLUTION APPROVING A BUDGET AMENDMENT FOR FY23 WHEREAS, the City of Riverdale, Iowa ("City") is a municipal corporation, organized and operating under the laws of the State of Iowa; and, WHEREAS, the City has a need to amend its budget based on inaccurate fund balances that occurred throughout the fiscal year; and, WHEREAS, staff has proposed a budget amendment that corrects inaccurate fund balances utilizing the Iowa Department of Management's website; and, WHEREAS, a budget amendment public hearing was advertised in the Quad City Times on May 11, 2023; and, WHEREAS, a budget amendment public hearing was held on May 23, 2023; and, WHEREAS, council has reviewed and discussed the budget amendment and recommends its passage. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RIVERDALE, IOWA, THAT: SECTION 1: The budget amendment published in the Quad City Times on May 11, 2023, and reviewed and discussed in a public hearing on May 23, 2023, is hereby approved. SECTION 2: The Clerk is directed to file the budget amendment with the Scott County Auditor no later than May 31, 2023. SECTION 3: The Clerk is directed to submit the budget amendment on the Iowa Department of Management's website no later than May 31, 2023. Passed and approved this 23rd day of May 2023. APPROVED: ATTEST: Anthony Heddlesten, Mayor Kelly K City of Riverdale, Iowa 110 Manor Drive, Riverdale, Iowa 52722 (563) 355-2511 l www.riverdaleia.org