File #: 9716-23 9717-23    Version: 1 Name: Approve the 3rd Qtr budget review and pass ordinances 9716-23 and 9717-23
Type: Ordinance Status: Passed
File created: 9/5/2023 In control: Office of Management & Budget
On agenda: 9/21/2023 Final action: 9/21/2023
Title: Amend the City's fiscal year 2022/23 operating and capital improvement budgets at third quarter and pass Ordinances 9716-23 and 9717-23 on first reading.
Attachments: 1. 3Q_FY23BudgetAmendments, 2. Ordinance9716-23, 3. Ordinance9717-23

SUBJECT/RECOMMENDATION:

Title

Amend the City’s fiscal year 2022/23 operating and capital improvement budgets at third quarter and pass Ordinances 9716-23 and 9717-23 on first reading.

 

Body

SUMMARY: 

The fiscal year 2022/23 operating and capital improvement budgets were adopted in October 2022 by ordinances 9615-22 and 9616-22.  Section 2.521 of the City’s Code of Ordinances requires the City Manager to prepare a quarterly report detailing income, expenditure estimates, collections, the explanation of significant variances, as well as the financial status of all capital improvement projects.