Item Coversheet
AGENDA ITEM SUMMARY
 
LEXINGTON SELECT BOARD MEETING
AGENDA ITEM TITLE:

FY2024 Budget Adjustments
PRESENTER:

Carolyn Kosnoff, Assistant Town Manager for Finance; Rosalyn Impink, Budget Officer

ITEM NUMBER:

I.1

SUMMARY:

A vote is requested for this agenda item.

 

Staff will present the FY2024 end-of-year budget adjustments, including five End-of-Year (EOY) budget transfer requests, four Salary Adjustment (SA) transfers, and one Revolving Fund authorization increase. No Reserve Fund transfers are being requested for the end of FY2024.

 

A summary of the requests and supporting forms are attached.

 




SUGGESTED MOTION:

Move to approve and authorize the Chair to sign the five End-of-Year budget transfers, four Salary Adjustment transfers, and one Revolving Fund authorization increase as presented in the attached summary.



FOLLOW-UP:

End-of-year budget adjustments will be presented to the Appropriation Committee at their next meeting, Thursday, July 11, 2024. 

 

Approved transfers will be processed by the Finance department prior to the FY2024 year-end close.




DATE AND APPROXIMATE TIME ON AGENDA:

7/8/2024                            6:45pm

 

ATTACHMENTS:
DescriptionType
ALLBudgetTransfers_YE_FY2024Backup Material