May 26, 2020Asheville City Council
From the minutes, not yet reviewedWhat it does
Makes technical changes to the budget.
- Passed with the routine items, in one vote, without discussion.
- The money, in the minutes' words: “Action Requested: Adoption of a technical budget amendment to the Fiscal Year (FY) 2019-20 General Fund (2100 Fund) budget in the amount of $22,445,994 to account for the refunding component of the 2018 General Obligation (GO) Bond draw program.”
- Why it matters: The budget is the City's spending plan. An amendment adds money or moves it to a new use.
Official title: Technical budget amendment to the Fiscal Year 2019-20 General Fund (2100 Fund) budget to account for the refunding component of the 2018 General Obligation Bond Draw Program
Carried unanimously, as part of the consent agenda
From the minutes: This motion was seconded by Councilwoman Smith and carried unanimously by roll call vote.
Read the motion as recorded
“ORDINANCE NO. 4803 - TECHNICAL BUDGET AMENDMENT TO THE FISCAL YEAR 2019-20 GENERAL FUND (2100 FUND) BUDGET TO ACCOUNT FOR THE REFUNDING COMPONENT OF THE 2018 GENERAL OBLIGATION BOND DRAW PROGRAM”
Open the minutesConsent agenda, item D