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AgdaPkt 2020-10-26 Joint SA PFA
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AgdaPkt 2020-10-26 Joint SA PFA
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Last modified
11/2/2020 1:04:03 PM
Creation date
10/22/2020 5:08:46 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
10/26/2020
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8.A. - Page 37 of 104 <br />However, the proposed reductions in total expenditures in the Revised Budget for FY 2020-21, if <br />maintained through some combination of ongoing and alternative reductions from existing levels, would <br />provide fiscal stability during the 2-5 years anticipated for an economic recovery. If the City is able to <br />strategically realign services during this time, then anticipated deficits in the outer years may be <br />preventable without dramatic community or organizational impacts. <br />Projected General Fund Net Operating Position <br />Recommended Budget - Reductions Beginning in FY 2020-21 <br />(in thousands) <br />F� 1019.10 010,1".110101111010,11.13 010131A 0 2p2A.15 01015.16 01016.11 *A 1011 .1$ �� 101a 19 E� 1019 30 <br />$12,000 <br />$9,000 <br />$6,000 <br />$3,000 <br />$1,01° <br />5(558) $(5641 <br />$(1,041) <br />$(3,000) <br />$(3,085) $(2,917) <br />$(4,253) $(4,236) $(4,303) $(4r52 7 <br />$(6,000) <br />BUDGET MESSAGE 406 <br />
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