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7.3.A. - Page 2 <br /> ENTERPRISE FUNDS 553,225 248,225 305,000 <br /> INTERNAL SERVICES 87,000 167,000 (80,000) <br /> FUNDS <br /> FIDUCIARY FUNDS -0- 809,148 (809,148) <br /> TOTAL REVISIONS 8,989,747 12,806,136 (3,816,389) <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 unassigned 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 /> ENVIRONMENTAL REVIEW <br /> This activity is not a project under CEQA as defined in CEQA Guidelines, section <br /> 15378, because it has no potential for resulting in either a direct or foreseeable physical <br /> change in the environment. <br /> /74-L--,_ <br /> BRIAN PONTY <br /> FINANCE DIRECTOR <br /> ROBERT B. BELL <br /> CITY MANAGER <br /> ATTACHMENTS <br /> 1. Resolution - City of Redwood City <br /> a. Exhibit A <br /> b. Exhibit B <br />