City of Clearwater - File #: 8943-16 & 8944-16

• File #: 8943-16 & 8944-16
• Version: 1
• Name: 3rd Quarter Budget Ordinance & CM’s report - 1st reading ords 8943-16 and 8944-16
• Type: Ordinance
• Status: Passed
• File created: 9/1/2016
• In control: Office of Management & Budget
• On agenda: 9/15/2016
• Final action: 9/15/2016
• Title: Amend the City's fiscal year 2015/16 Operating and Capital Improvement Budgets at third quarter and pass Ordinances 8943-16 and 8944-16 on first reading.

Date	Ver.	Action By	Action	Result
9/15/2016	1	City Council
9/12/2016	1	Council Work Session

SUBJECT/RECOMMENDATION:

Title

Amend the City’s fiscal year 2015/16 Operating and Capital Improvement Budgets at third quarter and pass Ordinances 8943-16 and 8944-16 on first reading.

Body

SUMMARY: 

The fiscal year 2015/16 Operating and Capital Improvement Budgets were adopted in September 2015 by Ordinances 8767-15 and 8768-15.  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.