This appropriation for prior-year encumbrances is a routine part of the annual budget cycle. Attached is an ordinance amending the 2021 Budget to provide appropriations for the encumbrances outstanding at the close of the 2020 Fiscal year and to provide appropriations for projects or programs that were not known or were uncertain, and therefore not included, at the time of the 2021 Budget adoption.
Fiscal Year 2020 encumbrances listed on the attached report represent orders for goods or services included in the 2020 Budget that were authorized, but that were not received or performed by the end of the year. This appropriation carrying forward 2020-approved budget appropriation will avoid these payments impacting the 2021 Budget. This action will amend the 2021 Budget for these expenditures so that prior-year invoices paid will be budget-neutral in the current year. Additionally, there are adjustments and corrections to the 2021 Budget that are now known and are more fully described both in the cover memo and the supporting schedule. |