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6.3A <br /> Should the Counci! elec# not to appro�e all or any of these recommended adjus#ments, Page 2 <br /> #he consequences wi11 vary depending upon the circumsfiances surrounding each <br /> specific item. For example, ifi Councii has previously approved an item in concept then <br /> an expenditure or cammitment may have afready been made and fihe program or <br /> project budge# will then be over-expended. 1f#he recommended adjustment concerns a <br /> grant then staff will be unable to utilize the gran#. In other situations, staff will need to <br /> #orego the underlying action. <br /> FISCAL IMPACT <br /> Some of these re�isions are necessary ta #ransfer or formaliy apprapriate funds #o <br /> implement many projec#s and issues fihat the Council has previously approved. <br /> Sufficient resources are a�ailabie within #he unreserved fund baiance in the respective <br /> funds or will be made available fihrough grants or increased revenues tha# will be <br /> �eceived this fiscal year to support these recommended appropriations. <br /> ,/.�-� <br /> . <br /> �u- <br /> Toni Safdou Brian Ponty <br /> Accoun#ing Technician Director of Finance <br /> �Y <br /> � . <br /> ���� . <br /> Peter Ingram '� <br /> City Manager � <br /> ATTACHMENTS . <br /> 1. Resolu#ion <br /> 2. Changes in Revenues <br /> 3. Changes in Expendi#ures and Transfers <br /> REI,.ATED DOCUMENTS!N ClTY�IERK'S OFFICE <br /> None <br />