AGENDA REPORT
DATE: June 9, 2025
TO: City Commission
FROM: Bill McDaniel, City Manager
SUBJECT: CIP Budget Adjustment for Fiscal Year 2024-25
EXECUTIVE SUMMARY:
This CIP budget adjustment provides an additional $35,000 for the MLK Recreation Complex Parking project - PK029. The improvements to this parking lot will be funded from the CRA Fund.
RECOMMENDATION:
That the City Commission adopt a resolution to approve an amendment to the Capital Improvement Budget for the fiscal year ending September 30, 2025, and the next four years.
FISCAL IMPACT:
Funding for this item is listed on the attached resolution.
Prepared by: Diane Reichard, Chief Financial Officer