Loading...
HomeMy WebLinkAbout2020-03-8624ORDINANCE NO. 2020-03-8624 AN ORDINANCE AMENDING ORDINANCE NO. 2019-6-8578, ENTITLED, "AN ORDINANCE ADOPTING THE CITY OF PADUCAH, KENTUCKY, ANNUAL OPERATING BUDGET FOR THE FISCAL YEAR JULY 1, 2019, THROUGH JUNE 30, 2020, BY ESTIMATING REVENUES AND RESOURCES AND APPROPRIATING FUNDS FOR THE OPERATION OF CITY GOVERNMENT" WHEREAS, Paxton Park Golf Course is in need of new equipment for the maintenance of the golf course grounds; and WHEREAS, funds now need to be transferred into an appropriate account for expenses related to the purchase of new equipment for Paxton Park Golf Course; and WHEREAS, KRS prohibits expenses to exceed the budget in any department and it is therefore necessary to amend the City's FY2020 budget. NOW, THEREFORE, BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the annual budget for the fiscal year beginning July 1, 2019, and ending June 30, 2020, as adopted by Ordinance No. 2019-6-8578, be amended by the following re -appropriations: • Transfer $141,000 from the FY2020 Fleet Trust Fund Fund Balance to -- the Fleet Trust Fund. SECTION 2. This ordinance shall be read on two separate days and will become effective upon summary publication pursuant to KRS Chapter 424. Brandi Harless, Mayor AT ST: QAi Lmdsay Parish, CClerk Introduced by the Board of Commissioners, March 10, 2020 Adopted by the Board of Commissioners, March 31, 2020 Recorded Lindsay Parish, City Clerk, March 31, 2020 Published by The Paducah Sun, April 3, 2020 \ord\finance\budget amend 2019-20 - March 2020 (5t' Amendment)