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<br />6.3A <br />Page 1 <br /> <br />REPORT <br /> <br />To the Honorable Mayor and City Council <br />From the Cit Mana er <br /> <br />June 28,2010 <br /> <br />SUBJECT <br />Fiscal Year 2009/2010 Appropriation Revisions <br /> <br />RECOMMENDA TION <br />Approve, by resolution, appropriation and transfer of certain funds for specified <br />purposes to conform the budgeted amounts to actual expenditures approved for <br />transactions, which have occurred during fiscal year 2009/2010. <br /> <br />BACKGROUND <br />Council takes many actions throughout the year that change or modify the budget <br />approved at the beginning of each fiscal year. Moreover, grants and other revenues <br />may be received that were not anticipated when the budget was prepared. <br />Appropriations need to be established so that staff may spend these grants and <br />revenues. <br /> <br />Staff presents appropriation changes to Council for approval generally twice a year. <br />The following table summarizes recommended changes in appropriations for revenue, <br />transfers and expenditures by fund. A detailed explanation of these revisions is <br />provided in Attachments 2 - revenues and Attachment 3 - expenditures. <br /> <br /> <br />Summar of Recommended Bud <br /> Revenues Expenditures <br /> $ $ <br />General Fund 9281604 963,604 <br />Special Revenue <br />Funds 427,400 <br /> -0- 67,518 67,518) <br />Enter rise Funds -0- 350,000 350,000) <br />Total Revisions 888,543 1,808,522 (919,979) <br /> <br /> <br />