AGENDA TITLE:
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Receive Report and Adopt a Resolution Approving Fiscal Year 2024-25 Mid-Year Budget Adjustments; Adding One Administrative Services Director/Chief Financial Officer Position, Two New Customer Service Representative Positions, One Budget Analyst Position, Two Associate Planners and a Program Coordinator (Rental Coordinator) Position; and Reclassifying a Transit Planner Position, Human Resources Manager Position, and Information Technology Manager Position (ISD - BUD)
MEETING DATE:
April 2, 2025
PREPARED BY:
Jennelle Baker, Budget Manager
recommendation
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RECOMMENDED ACTION:
Receive a Report and Adopt a Resolution Approving Fiscal Year 2024-25 Mid-Year Budget Adjustments; Adding One Administrative Services Director/Chief Financial Officer Position, Two New Customer Service Representative Positions, One Budget Analyst Position, Two Associate Planners and a Program Coordinator (Rental Coordinator) Position; and Reclassifying a Transit Planner Position, Human Resources Manager Position, and Information Technology Manager Position.
SUMMARY:
Each year, the City of Lodi prepares a Mid-Year Budget update recommending changes in appropriations to continue operations and projects during the year. At a Special Meeting on April 1, 2025, staff provided an informational presentation to the City Council on the proposed changes to the Fiscal Year 2024-25 Budget. The report below summarizes where we began the fiscal year with the adopted budget, discusses a number of revisions that were made and then provides detail about recommended changes. The recommended updates to the Fiscal Year 2024-25 Budget include updates to revenue estimates based on best available information.
There are several changes to expenditures that include public safety overtime and capital expenditures. General Fund appropriation increases are offset by transfers in from other funds for appropriate cost allocation. The mid-year budget adjustments are recommended to ensure...
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