Title
HOLD a public hearing and consider an ordinance amending the FY 2023 Annual Budget of the City of Killeen to adjust revenue and expenditure accounts in the General Fund.
Summary
DATE: January 3, 2023
TO: Kent Cagle, City Manager
FROM: Miranda Drake, Director of Budget
SUBJECT: Budget Amendment
BACKGROUND AND FINDINGS:
During FY 2022, the Police Department applied for a state grant with the Office of the Governor to fund 100% replacement of their body armor. $260,000 was awarded to the City of Killeen to replace aging rifle resistant body armor. This is key equipment utilized by police officers to assist with the safe performance of their duties. It affords a measure of ballistic protection against rifle caliber ammunition, which is becoming increasingly available to criminals and is often used in the commission of crimes. Under a previous grant, sufficient armor was purchased to outfit the majority of sworn employees, but that armor is approaching the end of its service life.
This budget amendment will appropriate the revenue from the grant and the offsetting expenditure of $260,000 to replace the rifle resistant body armor.
Revenues will be amended as follows:
Revenues
Other e-Grants
$260,000
TOTAL
$260,000
Expenditures will be amended as follows:
Expenditures
Uniforms & Clothing
$260,000
TOTAL
$260,000
THE ALTERNATIVES CONSIDERED:
Option 1 - Do not approve the ordinance amending the FY 2023 Annual Budget.
Option 2 - Approve the ordinance amending the FY 2023 Annual Budget.
Which alternative is recommended? Why?
Option 2 is recommended to approve the ordinance amending the FY 2023 Annual Budget.
CONFORMITY TO CITY POLICY:
The City's Financial Governance Policies, Section V. Budget Administration (B)(1) states that City Council may amend or change the budget by ordinance.
FINANCIAL IMPACT:
What is the amount of the expenditure in the current fiscal year? For future years?
This budget amendment will appropriate the $260,0...
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