Title
State of New Mexico Department of Finance and Administration Approval of the FY2025 Los Alamos County Budget
Recommended Action
I move that Council acknowledge receipt of the State of New Mexico Department of Finance and Administration approval of the FY2025 Los Alamos County Budget and ask that Attachment A be included in the meeting minutes.
Body
Local budgets approved by the Local Government Division of the New Mexico Department of Finance and Administration (DFA) are required by State Statute to be made a part of the minutes of that local body. Therefore, the letter with the approved budget from DFA is being provided here so that it may be incorporated into the minutes. No further Council action is required
DFA required a change to the Law Enforcement Protection Fund increasing the adopted budgeted revenues and expenditures by $138,021, to match the grant award for FY 2025 and carryover amount from FY 2024. Los Alamos County processes the carryover's in the next fiscal year as part of our accounting function. We do not include it in the new budget year (2025).
Attachments
A - State Budget Approval Letter FY2025
B - Los Alamos County- DFA Budget by Fund