AGENDA REPORT
Meeting Date: November 7, 2023
Item Number:
To: Parking Authority Board of Directors
From: Jeff Muir, Director of Finance
Tatiana Szerwinski, Assistant Director of Finance
Brandy Gros, Budget Manager
Subject: BUDGET AMENDMENTS UNDER THE AUTHORITY OF THE
EXECUTIVE DIRECTOR OR DESIGNEE FOR FISCAL YEAR 2022-
23 Attachments: None
RECOMMENDATION
This report is for information only.
INTRODUCTION
Per the requirements of Resolution No. PA-R-22-162, this report describes budget amendments that were authorized by the Executive Director or their designee for fiscal year 2022-23.
DISCUSSION
Budget Amendments
Section 4 of Resolution No. PA-R-22-162 provides that the Executive Director or their designee may appropriate up to $300,000 during the fiscal year from Parking Authority balance to any accounts as long as it meets the purposes of the Authority. Section 4 also specifies that an annual report shall be made to the Board of the Parking Authority describing each appropriation, and reason therefor.
Budget amendments authorized under this authority for fiscal year 2022-23 are summarized below.
Meeting Date: November 7, 2023
FISCAL IMPACT
There is no direct fiscal impact of this item.
Appropriation
Authority Amount Reason
Executive Director
- $300,000 Limit $160,000.00
To appropriate funds for credit card
transaction fees incurred in the collection of
payments for revenue generating activities.
$160,000.00
FY 2022-23 Budget Amendments
TOTAL
Jeff S. Muir,
Director of Finance
Approved By