Agenda Text
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Requesting the reduction of the FY21 Kennedy School Pool Enterprise Budget by $65,000 to balance the budget.
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Official Text
To the Honorable City Council:
I respectfully request a reduction of $65,000 in the appropriated FY2021 Kennedy School Pool Enterprise Fund Budget in order to balance the budget for the FY2021 Tax Recap submission to the Department of Revenue. The impact of the COVID-19 pandemic results in a reduction of planned program revenues from $100,000 to $35,000. Consequently, the difference of $65,000 will need to be made up by a reduction in the budget. A balanced budget is required by the Department of Revenue in order to set the tax rate.
The reductions are requested from the following accounts:
$40,000 ---- Electricity
$15,000 ----- Rental-Buildings & Schools
$10,000 ----- Supplies
My staff will be available to address any questions you may have. Thank you for your consideration of this item.
Respectfully Submitted,
Joseph A. Curtatone, Mayor