File #: 9266-19/9267-19    Version: 1 Name: First quarter budget review, and approve ordinance #9266-19 and #9267-19.
Type: Ordinance Status: Passed
File created: 3/4/2019 In control: Office of Management & Budget
On agenda: 3/21/2019 Final action: 3/21/2019
Title: Amend the City's fiscal year 2018/19 Operating and Capital Improvement Budgets at first quarter and pass Ordinances 9266-19 and 9267-19 on first reading.
Attachments: 1. 1Q Review FY19.pdf, 2. Ordinance #9266-19.pdf, 3. Ordinance #9267-19.pdf

SUBJECT/RECOMMENDATION:

Title

Amend the City’s fiscal year 2018/19 Operating and Capital Improvement Budgets at first quarter and pass Ordinances 9266-19 and 9267-19 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.