Title
Consideration of and action on an ordinance to amend the Fiscal Year 2019-2020 Budget for Finance.
Body
Summary:
The Fiscal Year 2019-2020 Budget for Finance includes a nominal amount of overtime meant to cover any additional work hours that may be necessary during the annual audit and budget process. During Fiscal Year 2019-2020, the City implemented two emergency pay periods during which all hours worked were paid as Disaster Response Pay and recorded as overtime. The first emergency pay period, in response to the Harris County Stay Home, Work Safe directive, was for the longest period and encompassed a payroll week, two accounts payable processes, and other finance operations that could not be postponed until the emergency pay period ended (note: the second emergency pay period related to Hurricane Laura was for a much shorter period). This resulted in a more significant amount of overtime than during a typical year. While favorable variances in other line items offset a portion of this extra expenditure, a budget amendment in the amount of $5,200.00 is requested to appropriate the additional funds necessary to fully fund Finance for the fiscal year. This additional appropriation would be funded by the unassigned fund balance of the General Fund.
Fiscal/Budgetary Impact:
Add $5,200.00 to the Fiscal Year 2019-2020 budget for Finance (Account No. 010-201-41040, Overtime), to be funded by the unassigned fund balance of the General Fund, which is available for this purpose.
Recommended action
Approve the ordinance to amend the Fiscal Year 2019-2020 Budget for Finance.