File #: 9293-19 & 9294-19    Version: 1 Name: Approve ordinance 9293-19 and 9294-19 amending the fiscal year 2018/19 budget at mid year.
Type: Ordinance Status: Passed
File created: 6/4/2019 In control: Office of Management & Budget
On agenda: 6/20/2019 Final action: 6/20/2019
Title: Amend the City's fiscal year 2018/19 Operating and Capital Improvement Budgets at mid-year and pass Ordinances 9293-19 and 9294-19 on first reading.
Attachments: 1. FY19 mid year budget report.pdf, 2. Ordinance #9293-19 Operating.pdf, 3. Ordinance #9294-19 CIP.pdf

SUBJECT/RECOMMENDATION:

Title

Amend the City’s fiscal year 2018/19 Operating and Capital Improvement Budgets at mid-year and pass Ordinances 9293-19 and 9294-19 on first reading.

 

Body

SUMMARY: 

The fiscal year 2018/19 Operating and Capital Improvement Budgets were adopted in September 2018 by Ordinances 9194-18 and 9195-18.  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.