City of Clearwater - File #: 9052-17 & 9053-17

• File #: 9052-17 & 9053-17
• Version: 1
• Name: Amend the City’s fiscal year 2016/17 Operating and Capital Improvement Budgets at mid year and pass Ordinances 9052-17 and 9053-17 on first reading.approve ordinance 9052-17 and 9053-17 at first reading.
• Type: Ordinance
• Status: Passed
• File created: 5/30/2017
• In control: Office of Management & Budget
• On agenda: 6/14/2017
• Final action: 6/14/2017
• Title: Amend the City's fiscal year 2016/17 Operating and Capital Improvement Budgets at mid-year and pass Ordinances 9052-17 and 9053-17 on first reading.

Date	Ver.	Action By	Action	Result
6/14/2017	1	City Council
6/12/2017	1	Council Work Session

SUBJECT/RECOMMENDATION:

Title

Amend the City’s fiscal year 2016/17 Operating and Capital Improvement Budgets at mid-year and pass Ordinances 9052-17 and 9053-17 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.  Staff has provided a memorandum outlining the issues at mid-year that require amendment.