CDA FY23 Budget Gets Last-Minute Housekeeping Updates Before End of Year | Public Hearing to Follow
Updated: Aug 16
Coeur d'Alene is knee deep in the FY24 budget season but there are still a few FY23 housekeeping items that the city needs to complete before they can close out the fiscal year. This is a process that happens at the end every fiscal year; per Idaho code 50-1003, the city must pass an ordinance for any expenditure that goes above the adopted budget and needs to be appropriated into the right budget category. This ordinance is called the Amending Appropriations Ordinance and is required to give a blanket approval for all expenses that came up after the budget was originally adopted last year.
Most of the expenditures that need to be appropriated have have been approved by the City Council at some point throughout the year. Some expenses are based on union negotiations, some expenses are from unforeseen circumstances (vandalism cleanup for example), some expenses are paying for NGOs with the promise that they will be reimbursed with grants.
The City Council approved Resolution No. 23-066 to amend the Fiscal Year 2022-23 Budget by a total of $6,565,144.00.
Next step is to have a public hearing on the amended FY23 budget to ensure the public has a say to where this money should be appropriated. That public hearing date has been scheduled for September 19, 2023. Just in time to finish out the fiscal year before the FY24 budget is approved.
To see council discuss