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6.2.13. - Page 2 <br />Internal Service Funds <br />47,196 <br />58,995 <br />11,799 <br />Redevelopment <br />Agency Funds <br />-0- <br />5,278,390 <br />5,278,390 <br />Total Revisions <br />10,164,979 <br />16,021,696 <br />4,866,717 <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 />FISCAL IMPACT <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 />BRIAN PONTY <br />FINANCE DIRECTOR <br />ROBERT B. BELL <br />CITY MANAGER /EXECUTIVE DIRECTOR <br />ATTACHMENTS <br />1. Resolution — City of Redwood City <br />2. Resolution — Redevelopment Agency <br />3. Changes in Revenues— City of Redwood City and Redevelopment Agency <br />4. Changes in Expenditures— City of Redwood City and Redevelopment Agency <br />RELATED DOCUMENTS IN CITY CLERK'S OFFICE <br />None <br />