The resolution, titled the Fiscal Year 2026 Budget Submission Requirements Emergency Amendment Resolution of 2025, was introduced to amend the existing Fiscal Year 2026 Budget Submission Requirements Resolution of 2024. The primary purpose of this amendment is to extend the deadline for the Mayor to transmit the Fiscal Year 2026 budget to the Council from April 2, 2025, to May 15, 2025. This change allows for additional time for budget preparation and submission.
The resolution makes specific amendments to Sections 2 and 3 of the original budget submission requirements, replacing the previous deadline with the new date of May 15, 2025. It also updates references to the budget data produced from PeopleSoft to reflect the new submission date. The resolution is set to take effect immediately upon its passage.