City of Alexandria, Virginia
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MEMORANDUM
DATE: MAY 7, 2024
TO: THE HONORABLE MAYOR AND MEMBERS OF CITY COUNCIL
THROUGH: JAMES F. PARAJON, CITY MANAGER /s/
FROM: KENDEL TAYLOR, DIRECTOR OF FINANCE
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Introduction and First Reading. Consideration. Passage on First Reading of an Ordinance to Make Supplemental Appropriations for the Support of the City Government for Fiscal Year 2024.
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ISSUE: Consideration of a Supplemental Appropriation Ordinance to amend Fiscal Year 2024 appropriations.
RECOMMENDATION: That City Council receive the proposed Supplemental Appropriation Ordinance totaling $32,189,623 (Attachment 2) on first reading on Tuesday, May 14, 2024, and schedule it for second reading, public hearing, and final passage on Saturday May 18, 2024.
DISCUSSION: Near the end of each fiscal year, the final Supplemental Appropriation Ordinance is presented for City Council consideration in order to reflect additional grant revenues, donations, and other technical appropriation adjustments previously planned but not yet enacted. This year's ordinance includes several grant and capital project adjustments, interdepartmental transfers, and several adjustments to project budgets funded by American Rescue Plan Act funds. Attachment 3 lists new grants and changes in grant funding levels compared to the amount estimated in the FY 2024 Approved Operating Budget. Where significant, staff has described how the funding change will impact services.
Staff recommends that the Fiscal Year (FY) 2024 Appropriation be amended to accomplish the following purposes:
Section 1. Appropriation of Housing Trust Fund Revenues Received but not Appropriated in FY 2023. This appropriation includes program income, loan repayments, and Housing Trust Funds in the amount of $595,970.
Section 2. Appropriation of Housing Grant Revenues Authorized and Adjusted but not Appropriated i...
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