ALBUQUERQUE BERNALILLO COUNTY
WATER UTILITY AUTHORITY
BILL NO. R-18-26 |
RESOLUTION
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Amending Funds for the Capital Implementation Program of the Albuquerque Bernalillo County Water Utility Authority for the Fiscal Year 2019
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WHEREAS, the Operating and Capital Implementation Program is governed by the requirements established under NMSA 1978 Section 2-1-8 (2006), which provides for amendments to the approved program; and
WHEREAS, appropriations for the Fiscal Year ending June 30, 2019 that were previously approved under R-18-12 require an amendment due to a change in the accounting for carryover of all unobligated funds remaining at the end of the 2018 fiscal year budget year to the 2019 budget year and miscellaneous adjustments for current contractual commitments.
THEREFORE, BE IT RESOLVED BY THE WATER AUTHORITY:
Section 1. That funds in the amount of Twenty-eight million Six hundred eighty-nine thousand One hundred seventy-nine Dollars ($28,689,179) are hereby increased in the capital budget for reporting of carryover unobligated funds remaining at the end of the 2018 fiscal year and current year adjustments.