File #: 23-537    Version: 1 Name:
Type: Other Business Status: Agenda Ready
File created: 4/17/2023 In control: City Council
On agenda: 5/9/2023 Final action:
Title: Presentation, discussion and action of the 2nd Quarter Financial Report, adoption of the revised City of El Paso Budget Policy which allows for the establishment of a Pay for Futures Fund to solely support Police, Fire and civilian compensation increases, and to authorize the City Manager or his designee to allocate $15 million in sales tax revenue surplus from FY 2023 for the Pay for Futures Fund. [POSTPONED FROM 04-25-2023]
Attachments: 1. Budget_Policies_Amendment__2023_, 2. CC 52 - FY 2023 2nd Quarter Financial Report, 3. 5-9-23 FULLY EXECUTED - ADOPTION OF COEP BUDGET POLICY

CITY OF EL PASO, TEXAS

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City Manager's Office, K. Nicole Cote, (915) 212-1092

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Title

Presentation, discussion and action of the 2nd Quarter Financial Report, adoption of the revised City of El Paso Budget Policy which allows for the establishment of a Pay for Futures Fund to solely support Police, Fire and civilian compensation increases, and to authorize the City Manager or his designee to allocate $15 million in sales tax revenue surplus from FY 2023 for the Pay for Futures Fund. [POSTPONED FROM 04-25-2023]

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