Regular City Council Meeting


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  Item No. 17.       
Meeting Date: 08/12/2021  
COMMITTEE: Finance  
CONTACT: Juan Fuentes CHAIR: Jason Perry

ACTION REQUESTED:
Resolution 21-54 - Consider approval of Resolution 21-54 to amend fiscal year ending June 30, 2022 approved budget. (Perry/Davies)
BACKGROUND:
Initiated by: Janie Davies
 
This is a housekeeping item. Due to DFA’s new reporting system (LGBMS), we are required to approve a budget amendment when increasing a revenue and offsetting expense line item.
FINANCIAL CONSIDERATION
Revenue (American Rescue Fund) $5,875,750
Expenses (American Rescue Fund) $5,875,750.
 
Fund 2600 (American Rescue Fund): Revenues $5,875,750, Expenses $5,875,750
LEGAL REVIEW:
Sent for review.

Resolutions must be adopted by a majority vote of the entire City Council.
BOARD AND COMMITTEE ACTION:
The Finance Committee recommended (3-0) approval at their meeting on August 5, 2021.
STAFF RECOMMENDATION:
Consider approval of Resolution 21-54 to amend fiscal year ending June 30, 2022 approved budget.
Attachments
ATT 1 - Resolution 21-54 Fiscal Year Ending June 30, 2022 Approved Budget


    

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