File #: 9671-23 9672-23    Version: 1 Name: Approve the fiscal year 2022/23 first quarter budget report and pass ordinances 9671-23 and 9672-23 on first reading
Type: Ordinance Status: Second Reading
File created: 2/27/2023 In control: Office of Management & Budget
On agenda: 3/16/2023 Final action:
Title: Amend the City's fiscal year 2022/23 operating and capital improvement budgets at first quarter and pass Ordinances 9671-23 and 9672-23 on first reading.
Attachments: 1. FY22-23_FirstQuarterAmendments, 2. 9671-23_OperatingOrdinance, 3. 9672-23_CapitalOrdinance

SUBJECT/RECOMMENDATION:

Title

Amend the City’s fiscal year 2022/23 operating and capital improvement budgets at first quarter and pass Ordinances 9671-23 and 9672-23 on first reading.

 

Body

SUMMARY: 

The fiscal year 2022/23 operating and capital improvement budgets were adopted in October 2022 by ordinances 9615-22 and 9616-22.  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.