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IREPORT oo...,, <br /> From the C~ty Manager <br />August $, 2002 <br /> <br />Subject <br />2002-2004 Budget <br /> <br />Recommendation <br />It is recommended that the ordinance adopting the 2002/03 budget be introduced and that <br />a motion be passed conceptually approving the 2003/04 budget. <br /> <br />Background <br />The budget ordinance adopts by reference the 2002~03 Proposed Budget. Below is a <br />summary of the changes to the proposed 2002/03 budget that Council directed staff to <br />make. The City Clerk has been provided with a copy of the Proposed Budget. <br /> <br />Since the budget was presented to Council on July 22, 2002 and July 29, 2002, staff has <br />been made aware of the following changes that should be made to the budget before it is <br />adopted: <br /> <br />General Fund <br /> <br /> Human Services Financial Assistance <br /> It is recommended that the budget for Human Services Financial Assistance be <br /> increased from the proposed budget of $246,000 to the amount of $270,000 <br /> recommended by the Housing and Human Concerns Committee. <br /> <br />The Council also conceptually approved the 2003/04 budget during the Budget Study <br />Sessions. Since the City Charter precludes adopting a budget ordinance for 2003/04 at <br />this time, it is recommended that Council memorialize their approval of the 2003/04 budget <br />by motion. The 2003/04 budget will be presented to Council at the end of the 2002/03 <br />fiscal year with any appropriate revisions for adoPtion by ordinance. <br /> <br />Staff will provide information regarding alternatives to fund $30,000.00 (on a one-time <br />basis) to the Civic Cultural Commission. This information will be given to you on Monday <br />as we did not have sufficient time to include it in the agenda package. You will need to <br />give direction to staff on this matter. <br /> <br />Brian Ponty Edw~ra Everett ~, <br />Director of Finance and City Manager <br />Financial Planning <br /> <br /> <br />