Budget & Finance Committee

City of Vienna Budget and Finance Meeting Council Chambers th 609 29 Street, Vienna, WV 26105 November 12, 2024 8:30 AM Unfinished Business – Ongoing: None. Unfinished Business – CDBG: None. New Business – CDBG: None. Unfinished Business – Capital Projects: None. New Business: • General Fund Budget Revision #4 Next Regular Budget and Finance Meeting Date: December 3, 2024 at 8:30 AM  MEMORANDUM TO: JIM LEACH FROM: Amy Roberts SUBJECT: 24-25 GENERAL FUND BUDGET REVISION #4 DATE: 11/06/2024 ACCT ACCT CURRENT INCREASE REVISED DEPT # DESCRIPTION EXPLANATION BUDGET (DECREASE) BUDGET NET INCREASE / (DECREASE) TO REVENUE 0 POLICE 455-07 PENSION Increase in police pension due to increase in 280,000 45,000 325,000 unfunded liability from the current actuarial study CONTINGENCIES 699 COVER THE ABOVE REVISIONS 139,087 -45,000 94,087 NET INCREASE / (DECREASE) TO EXPENDITURES 0