Meeting Time: October 17, 2023 at 3:00pm CDT
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Agenda Item

B. ID 23-1944 Consider adoption of an ordinance of the City of Denton, Texas, amending the fiscal year 2022-2023 budget and annual program of services of the City of Denton to allow for adjustments to the risk retention fund of one million five hundred thousand dollars ($1,500,000) for the purpose of funding expenses associated with increased costs for property insurance claims, vehicle repair claims, and other litigation and legal related expenses; declaring a public purpose; directing the City Secretary attach a copy to the 2022-2023 budget; requiring approval by at least five votes; and providing a severability clause; an open meetings clause and an effective date.