File #: 8601-14    Version: 1 Name: Third quarter 2014 budget review, approve ordinance 8601-14 and 8602-14
Type: Ordinance Status: Passed
File created: 9/2/2014 In control: Office of Management & Budget
On agenda: 9/15/2014 Final action: 9/18/2014
Title: Amend the City's fiscal year 2013/14 Operating and Capital Improvement Budgets at third quarter and pass Ordinances 8601-14 and 8602-14 on first reading.
Attachments: 1. a) MEMO 3Q 14.pdf, 2. b) Quarterly Summary 3Q 14.pdf, 3. c) Table of Contents 3Q 14.pdf, 4. d) General Fund Revenue Amdmnts 3Q 14.pdf, 5. e) General Fund Expenditure Amdmnts 3Q 14.pdf, 6. f) General Fund Worksheet 3Q 14.pdf, 7. g) Utility Fund Amdmnts 3Q 14.pdf, 8. h) Utility Fund Worksheet 3Q 14.pdf, 9. i) Enterprise Fund Amdmnts 3Q 14.pdf, 10. j) Enterprise Fund Worksheet 3Q 14.pdf, 11. k) Internal Svc Fund Amdmnts 3Q 14.pdf, 12. l) Internal Fund Worksheet 3Q 14.pdf, 13. m) CIP Summary 3 Qtr 14.pdf, 14. n) CIP Amdmnts 3Q FY 14.pdf, 15. o) CIP Worksheet 3Q 14.pdf, 16. p) Spcl Prog Fund Amendments 3Q 14.pdf, 17. q) Spcl Prog Fund Worksheet 3Q 14.pdf, 18. r) Spcl Develop Fund Amendments 3Q 14.pdf, 19. s) Spcl Funds Worksheet 3Q 14.pdf, 20. t) Change Orders 3Q 14.pdf, 21. u) Operating Ordinance 3Q 14.pdf, 22. v) Op Ordinance Exhibit 3Q 14.pdf, 23. w) CIP Ordinance 3Q 14.pdf, 24. x) CIP Ordinance Exhibit 3Q 14.pdf
SUBJECT/RECOMMENDATION:
Title
Amend the City's fiscal year 2013/14 Operating and Capital Improvement Budgets at third quarter and pass Ordinances 8601-14 and 8602-14 on first reading.
 
 
Body
SUMMARY:  
The fiscal year 2013/14 Operating and Capital Improvement Budgets were adopted in September 2013 by Ordinances 8476-13 and 8477-13.  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.  The memorandum and the accompanying report provide this information and outline the issues at third quarter that require amendment.