HomeMy WebLinkAbout2025-08-8851ORDINANCE NO. 2025-08-8851
AN ORDINANCE AMENDING ORDINANCE NO. 2024-06-8815, ENTITLED, "AN
ORDINANCE ADOPTING THE CITY OF PADUCAH, KENTUCKY, ANNUAL
OPERATING BUDGET FOR THE FISCAL YEAR JULY 1, 2024, THROUGH JUNE 30,
2025, BY ESTIMATING REVENUES AND RESOURCES AND APPROPRIATING FUNDS
FOR THE OPERATION OF CITY GOVERNMENT"
WHEREAS, in order for the City to cover all health insurance fund claims and
premiums, it is necessary for a budget amendment to be authorized by the City Commission.
KENTUCKY:
NOW, THEREFORE, BE IT ORDAINED BY THE CITY OF PADUCAH,
SECTION 1. That the annual budget for the fiscal year beginning July 1, 2024,
and ending June 30, 2025, as adopted by Ordinance No. 2024-06-8815, be amended by the
following re -appropriations:
• Transfer $5,300 Insurance Fund Balance to FY2025 deductible accounts; and
• Transfer $200,000 from the Health Insurance Funds' fund balance to the
FY2025 Health Insurance Claims Account.
SECTION 2. This ordinance shall be read on two
effective upon summary publication pursuant to KRS C g
George Bray, Mayor
ATTEST:
uA)yl �, Q U11-xC
indsay Parish ity Clerk
Introduced by the Board of Commissioners, August 12, 2025
Adopted by the Board of Commissioners, August 26, 2025
Recorded Lindsay Parish, City Clerk, August 26, 2025
Published by The Paducah Sun, August 29, 2025
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