|
Title:
|
REPORT - FISCAL YEAR 2015-16 BUDGET AMENDMENT
BACKGROUND: The purpose of this item is to request approval to fund a number of projects during the current fiscal year. These requests have been identified and prioritized by City staff as those that should be approved and begin now rather than wait until the next fiscal year. Most of this budget amendment is to fund one-time expenditures with General Fund reserves, of which there is a sufficient amount to support the requests. In addition, there are nominal requests for ongoing General Fund and non-General Fund resources which can be supported under the City’s current financial situation.
RECOMMENDATION: It is recommended by the City Manager and the Finance Department that the Council, by resolution, amend the Fiscal Year (FY) 2015-16 adopted budget and the FY 2015-16 number of authorized positions as set forth in Exhibit A of the resolution.
|