City of Albuquerque - File #: R-23-123

• File #: R-23-123
• Type: Resolution
• Status: Enacted
• File created: 4/3/2023
• In control: City Council
• Final action: 5/15/2023
• Enactment date: 6/1/2023
• Enactment #: R-2023-041
• Title: C/S Appropriating Funds For Operating The Government Of The City Of Albuquerque For Fiscal Year 2024, Beginning July 1, 2023 And Ending June 30, 2024; Adjusting Fiscal Year 2023 Appropriations; And Appropriating Capital Funds (Bassan)
• Sponsors: Brook Bassan (By Request)

Date	Action By	Action	Result
6/1/2023	City Clerk	Published
5/26/2023	Mayor	Signed by the Mayor
5/23/2023	City Council	Sent to Mayor for Signature
5/15/2023	City Council	Accepted Without Recommendation, as Substituted, as Amended (Immediate Action)
5/15/2023	City Council	Passed as Amended	Pass
5/15/2023	City Council	Amended	Pass
5/15/2023	City Council	Motion	Pass
5/15/2023	City Council	Amended	Pass
5/15/2023	City Council	Amended	Pass
5/15/2023	City Council	Amended	Pass
5/15/2023	City Council	Amended	Pass
5/15/2023	City Council	Amended	Pass
5/15/2023	City Council	Amended	Pass
5/15/2023	City Council	Amended	Pass
5/15/2023	City Council	Amended	Pass
5/15/2023	City Council	Amended	Pass
5/11/2023	Committee of the Whole	Sent to Council for Immediate Action	Pass
5/11/2023	Committee of the Whole	Sent to Council Without Recommendation, as substituted, as amended	Pass
5/11/2023	Committee of the Whole	Motion
5/11/2023	Committee of the Whole	Motion	Pass
5/11/2023	Committee of the Whole	Amended	Pass
5/11/2023	Committee of the Whole	Amended
5/11/2023	Committee of the Whole	Amended	Pass
5/11/2023	Committee of the Whole	Amended	Pass
5/11/2023	Committee of the Whole	Amended	Pass
5/11/2023	Committee of the Whole	Amended	Pass
5/11/2023	Committee of the Whole	Amended
5/11/2023	Committee of the Whole	Amended	Pass
5/11/2023	Committee of the Whole	Amended	Pass
5/11/2023	Committee of the Whole	Amended	Pass
5/11/2023	Committee of the Whole	Amended	Fail
5/11/2023	Committee of the Whole	Amended	Pass
5/11/2023	Committee of the Whole	Amended	Pass
5/11/2023	Committee of the Whole	Substituted	Pass
5/4/2023	Committee of the Whole	Postponed	Pass
4/27/2023	Committee of the Whole	Postponed	Pass
4/3/2023	City Council	Introduced and Referred
4/3/2023	President	Referred

CITY of ALBUQUERQUE
TWENTY-FIFTH COUNCIL


COUNCIL BILL NO. C/S R-23-123 ENACTMENT NO. ____________________

SPONSORED BY: Brook Bassan

RESOLUTION
title
C/S Appropriating Funds For Operating The Government Of The City Of Albuquerque For Fiscal Year 2024, Beginning July 1, 2023 And Ending June 30, 2024; Adjusting Fiscal Year 2023 Appropriations; And Appropriating Capital Funds (Bassan)
body
APPROPRIATING FUNDS FOR OPERATING THE GOVERNMENT OF THE CITY OF ALBUQUERQUE FOR FISCAL YEAR 2024, BEGINNING JULY 1, 2023 AND ENDING JUNE 30, 2024; ADJUSTING FISCAL YEAR 2023 APPROPRIATIONS; AND APPROPRIATING CAPITAL FUNDS.
WHEREAS, the Charter of the City of Albuquerque requires the Mayor to formulate the annual operating budget for the City of Albuquerque; and
WHEREAS, the Charter of the City of Albuquerque requires the Council to approve or amend and approve the Mayor's budget; and
WHEREAS, the governing body of the City of Albuquerque, State of New Mexico has developed a budget for Fiscal Year 2024 and respectfully requests approval from the State of New Mexico, Local Government Division of the Department of Finance and Administration; and
WHEREAS, appropriations for the operation of the City government must be approved by the Council.
BE IT RESOLVED BY THE COUNCIL, THE GOVERNING BODY OF THE CITY OF ALBUQUERQUE:
Section 1. That the amount of $68,888,000 is hereby reserved in the Operating Reserve Fund for the City of Albuquerque for Fiscal Year 2024. In addition, the amount of $500,000 is reserved for a potential runoff election. In the event that the runoff is necessary, $500,000 is hereby unreserved and a contingent appropriation is made to the Office of the City Clerk Program to pay for the expenses of the runoff election. In the event that the runoff election does not happen, $500,000 is hereby unreserved and will fall to fund balance; the amount of $6,450,000 is reserved for an additional 1.5% of a Cost of Living Adjustment to be di...