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File #: 21-9175    Version: 1 Name:
Type: Ordinances and Action Items Status: Approved as Amended
File created: 4/27/2021 In control: City Council
On agenda: 5/18/2021 Final action: 5/18/2021
Title: Subject: Accept the Third Quarter Financial Report for Fiscal Year 2020-21 and City Work Program and Key Project Update; consider adopting Resolution 21-038 approving Budget Modification #2021-140 increasing appropriations by $787,279 and revenues by $9,552,599; consider approving $2,000,000 contribution from the General Fund to the City’s Section 115 Pension Trust.
Attachments: 1. Staff Report, 2. A - Draft Resolution, 3. B - Third Quarter Financial Report, 4. C - Third Quarter Budget Adjustment Journal, 5. D - Amended Budget Detail as of March 31, 2021, 6. E - FY 2020-2021 City Work Program Third Quarter Update

Title

Subject:  Accept the Third Quarter Financial Report for Fiscal Year 2020-21 and City Work Program and Key Project Update; consider adopting Resolution 21-038 approving Budget Modification #2021-140 increasing appropriations by $787,279 and revenues by $9,552,599; consider approving $2,000,000 contribution from the General Fund to the City’s Section 115 Pension Trust.

 

Recommended Action

      1.   Accept the City Manager’s Third Quarter Financial Report for FY 2020-21 and City Work Program and Key Project Update and provide any input.

2.                     Adopt Resolution 21-038 approving Budget Modification #2021-140 increasing appropriations by $787,279 and revenues by $9,552,599.

3.                     Approve $2,000,000 contribution from the General Fund to the City’s Section 115 Pension Trust.