Regular City Council Meeting


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  Item No. 17.       
Meeting Date: 02/13/2020  
COMMITTEE: Finance  
CONTACT: Monica Garcia CHAIR: Steve Henderson

ACTION REQUESTED:
Resolution 20-12 - Consider approval of Resolution 20-12 to amend fiscal year ending June 30, 2020 approved budget.
BACKGROUND:
Initiated by: Monica P. Garcia
 
This is a housekeeping item. Due to DFA’s new reporting system (LGBMS), we are required to approve a budget amendment when increasing revenue and offsetting expense line item.
FINANCIAL CONSIDERATION
Revenue (General Fund) $43,450 and Expense (various funds) $43,450.
LEGAL REVIEW:
The City Attorney has reviewed the resolution for legal sufficiency.
BOARD AND COMMITTEE ACTION:
The Finance Committee recommended (3-0) approval at their meeting on February 6, 2020 for recommendation.
STAFF RECOMMENDATION:
Consider approval of Resolution 20-12 to amend fiscal year ending June 30, 2020 approved budget.
Attachments
ATT Resolution 20-12


    

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