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HomeMy WebLinkAbout2024-04-8808ORDINANCE NO. 2024-04-8808 AN ORDINANCE AMENDING ORDINANCE NO. 2023-06-8777, ENTITLED, "AN ORDINANCE ADOPTING THE CITY OF PADUCAH, KENTUCKY, ANNUAL OPERATING BUDGET FOR THE FISCAL YEAR JULY 1, 2023, THROUGH JUNE 30, 2024, BY ESTIMATING REVENUES AND RESOURCES AND APPROPRIATING FUNDS FOR THE OPERATION OF CITY GOVERNMENT" WHEREAS, the City of Paducah applied for and received a Community Development Block Grant in the amount of $200,000 on behalf of the Four Rivers Centerpoint Recovery Center to assist with inpatient substance abuse treatment; and WHEREAS, the Commission authorized acceptance of this grant award by adopting Municipal Order 2852 on February 13, 2024; and WHEREAS, the Grant Agreement between the Commonwealth of Kentucky and City of Paducah requires evidence of a budget ordinance/amendment indicating inclusion of CDBG-CV funds into the City's budget; and WHEREAS, the City Commission now wishes to amend the FY2024 budget to satisfy the requirement of the Commonwealth. KENTUCKY: NOW, THEREFORE, BE IT ORDAINED BY THE CITY OF PADUCAH, SECTION 1. That the annual budget for the fiscal year beginning July 1, 2023, and ending June 30, 2024, as adopted by Ordinance No. 2023-06-8777, be amended by the following re -appropriations: • Increase revenues and expenditures for the CDBG Fund by $200,000 SECTION 2. This ordinance shall be read on two separate days and will become effective upon summary publication pursuant to KRS Chapter George ATTEST: Claudia S. Meeks, Assistant City Clerk Introduced by the Board of Commissioners, April 9, 2024 Adopted by the Board of Commissioners, April 23, 2024 Recorded by Claudia S. Meeks, Assistant City Clerk, April 23, 2024 Published by The Paducah Sun, April 25, 2024 \ord\fmance\budget amend FY2024 — CDBG Four Rivers Centerpoint Recovery