File #: 9015-17, 9016-17    Version: 1 Name: Approve Ordinance 9015-17 and 9016-17 at first quarter.
Type: Ordinance Status: Passed
File created: 2/27/2017 In control: Office of Management & Budget
On agenda: 3/16/2017 Final action: 3/16/2017
Title: Amend the City's fiscal year 2016/17 Operating and Capital Improvement Budgets at first quarter and pass Ordinances 9015-17 and 9016-17 on first reading.
Attachments: 1. First Quarter Report - FY17.pdf, 2. Ordinance 9015-17.pdf, 3. Ordinance 9016-17.pdf

SUBJECT/RECOMMENDATION:

Title

Amend the City’s fiscal year 2016/17 Operating and Capital Improvement Budgets at first quarter and pass Ordinances 9015-17 and 9016-17 on first reading.

 

Body

SUMMARY: 

The fiscal year 2016/17 Operating and Capital Improvement Budgets were adopted in September 2016 by Ordinances 8946-16 and 8947-16.  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.