File #: 9325-19 & 9326-19    Version: 1 Name: Amend the fiscal year 2018/19 operating and capital improvement budgets at third quarter and pass Ordinances 9325-19 and 9326-19
Type: Ordinance Status: Passed
File created: 9/3/2019 In control: Office of Management & Budget
On agenda: 9/19/2019 Final action: 9/19/2019
Title: Amend the City's fiscal year 2018/19 operating and capital improvement budgets at third quarter and pass Ordinances 9325-19 and 9326-19 on first reading.
Attachments: 1. FY19_3Q_Budget_Review.pdf, 2. Ordinance_9325-19_Operating.pdf, 3. Ordinance_9326-19_CIP.pdf

SUBJECT/RECOMMENDATION:

Title

Amend the City’s fiscal year 2018/19 operating and capital improvement budgets at third quarter and pass Ordinances 9325-19 and 9326-19 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.