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8. STAFF REPORTS <br /> 8.A. Fiscal Year 2023-24 year-end budget update, mid-year <br /> update on Fiscal Year 2024-25 goals, Fiscal Year 2024-25 <br /> mid-year budget amendments, and proposed framework for <br />development of the Fiscal Year 2025-26 Recommended Budget <br /> <br /> Recommendation: <br />1. Accept an update on the Fiscal Year (FY) 2023-24 year-end operating results ; <br />2. Accept a mid-year update on FY 2024-25 goals; <br />3. Adopt a resolution a) appropriating and transferring certain funds for specified purposes to <br />conform the budgeted amounts to actual revenues or expenditures for transactions that have <br />occurred or are anticipated to occur during FY 2024-25 and b) amending the City’s authorized <br />full-time equivalent (FTE) table for the FY 2024-25 Adopted Budget; <br />4. Accept an economic and budget outlook update; <br />5. Provide direction on the recommended framework for the development of the FY 2025-26 <br />Recommended Budget; and <br />6. By motion, approve the dates for City Council action on the FY 2025-26 budget as set forth in <br />this staff report, including establishing June 9, 2025 as the date on which the City Manager shall <br />present a proposed budget to the City Council.