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AN ORDINANCE AMENDING ORDINANCE NUMBER 3506 ADOPTING A 2005 ANNUAL BUDGET FOR THE CITY OF JONESBORO, ARKANSAS
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WHEREAS, the City of Jonesboro has determined there exists the need to amend the 2005 Annual City Budget for changes to the 2005 Community Development Block Grants (CDBG) Administration Budget; and
WHEREAS, in an effort to maximize dollars to the CDBG programs and to limit administrative expenditures, additional funds can be redirected to the CDBG through a reduction in the administrative budget.
BE IT THEREFORE ORDAINED, by the City Council of the City of Jonesboro, Arkansas; that the 2005 annual budget is hereby amended according to the attached changes to the 2005 CDBG Administration Budget.
APPROVED AND ADOPTED this 1st day of March, 2005.