AGENDA REPORT
Meeting Date: December 10, 2024
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
2023-24
Attachments: None
RECOMMENDATION
This report is for information only.
INTRODUCTION
Per the requirements of Resolution No. PA-R-23-169, this report describes budget amendments that were authorized by the Executive Director or their designee for fiscal year 2023-24.
DISCUSSION
Budget Amendments
Section 4 of Resolution No. PA-R-23-169 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 2023-24 are summarized below.
Meeting Date: December 10, 2024
FY 2023-24 Budget Amendments
Appropriation
Authority Amount Reason
Executive
Director
- $300,000 Limit
$47,245.88
To appropriate funds for credit card
transaction fees incurred in the collection
of payments for revenue generating
activities.
TOTAL $47,245.88
FISCAL IMPACT
There is no direct fiscal impact of this item.
Jeff S. Muir,
Director of Finance
Approved By