File #: #9410-20 & 9411-20    Version: 1 Name: Approve the 3Q budget report and approve ordinances 9410-20 and 9411-20 on first reading
Type: Ordinance Status: Passed
File created: 9/3/2020 In control: Office of Management & Budget
On agenda: 9/17/2020 Final action: 9/17/2020
Title: Amend the City's fiscal year 2019/20 operating and capital improvement budgets at third quarter and pass Ordinances 9410-20 and 9411-20 on first reading.
Attachments: 1. FY20_3QBudgetReport, 2. Ordinance9410-20, 3. Ordinance9411-20

SUBJECT/RECOMMENDATION:

Title

Amend the City’s fiscal year 2019/20 operating and capital improvement budgets at third quarter and pass Ordinances 9410-20 and 9411-20 on first reading.

 

Body

SUMMARY: 

The fiscal year 2019/20 operating and capital improvement budgets were adopted in September 2019 by ordinances 9323-19 and 9324-19.  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.