Laserfiche WebLink
<br />6.2A <br />Page 2 <br /> <br />s <br /> <br />f <br /> <br />d d B d Ch <br /> <br />b F dT <br /> <br />ummary 0 Recommen e u Iget anges ty un ype <br /> Net Change in <br /> Revenues Expenditures Fund Balance <br /> $ $ $ <br />General Fund 1 ,333,842 898,515 435,327 <br />Special Revenue (1,335,202) <br />Funds 184,402 1,519,604 <br />Caoital Proiects Fund 761,300 761,300 -0- <br />Debt Service Funds 1,257,002 11 ,192,126 (9,935,124 ) <br />Enterprise Funds 181,881 181,881 -0- <br />Total Revisions 3,718,427 14.553,426 (10,834,999) <br /> <br /> <br />ALTERNATIVES <br />Should the Council elect not to approve all or any of these recommended adjustments, <br />the consequences will vary depending upon the circumstances surrounding each <br />specific item. For example, if Council has previously approved an item in concept then <br />an expenditure or commitment may have already been made and the program or <br />project budget will then be over-expended. If the recommended adjustment concerns a <br />grant then staff will be unable to utilize the grant. In other situations, staff will need to <br />forego the underlying action. <br /> <br />FISCAL IMPACT <br /> <br />Some of these revisions are necessary to transfer or formally appropriate funds to <br />implement many projects and issues that the Council has previously approved. <br />Sufficient resources are available within the unreserved fund balance in the respective <br />funds or will be made available through grants or increased revenues that will be <br />received this fiscal year to support these recommended appropriations. <br /> <br />y;3{g <br /> <br />Brian Ponty <br />Director of Finance <br /> <br />~/ <br /> <br />Peter Ingram <br />City Manager <br /> <br />ATTACHMENTS <br />1. Resolution - City of Redwood City <br />2. Changes in Revenues and Transfers In - City of Redwood City <br />3. Changes in Expenditures and Transfers Out - City of Redwood City <br />4. Resolution - Redevelopment Agency <br /> <br />RELATED DOCUMENTS IN CITY CLERK'S OFFICE <br />None <br />