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RESOLUTION 14717 OF THE COUNCIL OF THE CITY OF REDWOOD CITY, ACTING <br />AS THE LEGISLATIVE BODY OF THE COMMUNITY FACILITIES DISTRICT NO. 99 -1, <br />AUTHORIZING THE ANNUAL LEVY OF SPECIAL TAX FOR FISCAL YEAR 2006/2007 <br />D. Annual Appropriations Limit for FY 2006/07 <br />Recommendation: <br />That the City Council adopt a resolution establishing the Appropriations Limit for <br />the FY 2006/07. (501) <br />RESOLUTION 14718 ESTABLISHING APPROPRIATIONS LIMIT FOR FISCAL YEAR <br />2006/07 <br />E. Fiscal Year 2005/2006 Appropriation Revisions <br />Recommendation: <br />It is recommended that the City Council approve, by resolution, appropriating and <br />transferring certain funds for specified purposes to conform the budgeted <br />amounts to actual expenditures approved for transactions, which have occurred <br />during fiscal year 2005/2006. (501) <br />RESOLUTION 14719 APPROPRIATING AND TRANSFERRING CERTAIN FUNDS FOR <br />SPECIFIED PURPOSES TO CONFORM BUDGETED AMOUNTS TO ACTUAL <br />EXPENDITURES DURING FY 2005/06 <br />6.3 Section — Claims and Warrants <br />A. Approve warrants dated through June 19, 2006 and usual and necessary <br />payments through June 26, 2006. (303) MINUTE ORDER 06 -128 <br />7. STUDY SESSION <br />A. FY 2006/2007 Budget Study Session 1 <br />City Manager Everett gave the background on the budget and Finance Director <br />Ponty presented the General Fund financials (PowerPoint Presentation on file). <br />The presentation included the recommended general fund FY 2006/07 budget <br />overview; FY 2006/07 & 2007/08 recommended budgets and future years; what <br />has changed since February 2006; the use of reserves; recommended <br />programmatic changes; budget assumptions and areas of concern. <br />SPECIAL CITY COUNCIL MEETING <br />MINUTES <br />JUNE 19, 2006 <br />PAGE 5 <br />MINUTE BOOK NO. 61 <br />Page No. 201 <br />