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AgdaPkt 2012-02-06
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AgdaPkt 2012-02-06
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Last modified
7/2/2012 2:10:49 PM
Creation date
2/2/2012 3:42:11 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Regular
Agency Type
City Council
Date
2/6/2012
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6.3. D. - Page 2 <br /> Internal Service Funds 102,396 63,121 39,275 <br /> Total Revisions 1,024,972 1,490,462 (465,490) <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 /> s\ � ` _ <br /> � <br /> JENNIFER CHANG <br /> ACCOUNTANT <br /> � � <br /> � <br /> BRIAN PONTY <br /> FINANCE DIRECTOR <br /> �� <br /> ROBERT B. BELL <br /> CITY MANAGER <br /> ATTACHMENTS <br /> 1) Resolution — City of Redwood City <br />
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