1 week ago Share The change will add additional appropriations to the general fund, stormwater fund, transportation impact fee and the water/wastewater fund.
The Ocoee City Commission approved an ordinance regarding the amending of the Fiscal Year 2020 budget during its meeting Tuesday, May 4.
The annual operation budget for the city was adopted Sept. 23, 2020. But since then, city staff identified the need for additional appropriations for the general fund, stormwater fund, transportation impact fee and the water/wastewater fund.
“They’re moving forward more quickly than we anticipated,” city Finance Director Rebecca Roberts said. “We have the funding available. We just need to get the funding more quickly than we had expected, so we’re here to ask for that funding.”
6 days ago Share The possible change would add additional appropriations to the general fund, stormwater fund, transportation impact fee and the water/wastewater fund.
The Ocoee City Commission will hear out the first reading of an ordinance regarding the amending of the FY 2020 budget during its meeting Tuesday, April 20.
The annual operation budget for the city was adopted back on Sept. 23, 2020, but since then the city s staff identified the need for additional appropriations for the general fund, stormwater fund, transportation impact fee and the water/wastewater fund.
At the time that the budget was adopted the general fund was set at $52,988,188, but now city staff is asking for an additional $1,633,296 to cover the planned costs to complete the Oakland Avenue Phase II Taylor to Bluford downtown project. The other items include an additional $4,975,000 for general government items, including an inter-fund loan of $4,250,000 to the stormwater fund to cov