Resolution amending Resolution No. 17-379 (as previously amended), which adopted the FY 2017/18 budget, in order to increase revenues by $ 280,802, operating expenditures by $ 270,542, and transfers by $ 10,260. This budget amendment transfers available funds from the Water & Sewer Improvements Fund to the State Revolving Loan (Stormwater) Fund in order to provide necessary funds for the Grounds Maintenance Property Redevelopment project and increases the budget for reimbursed insurance claims.
Recommendation: Budget Officer recommends adoption of the Resolution.