Body
Department of Finance
Reference:
To: Mayor Richard N. McLean and Members of City Council
Through: Manuel Esquibel, City Manager
Prepared By: Dan Frelund, Finance Director
Date Prepared: April 28, 2015
PURPOSE
To adopt a 2015 Budget Amendment to re-appropriate unexpended 2014 capital projects and equipment balances so the projects and equipment can be completed in 2015.
BACKGROUND
City Council approved resolution 2015-36 amending certain accounts in the Capital Improvement Fund, Park and Recreation Capital Fund; and Water, Wastewater, and Storm Drainage Funds, and appropriating money for expenditure at the April 21 2015 City Council meeting. There were technical inconsistencies in the resolution as presented and this resolution replaces the previously presented resolution. The total revenues and expenditures did not change.
CRITERIA BY WHICH COUNCIL MUST CONSIDER THE ITEM
STAFF RECOMMENDATION
Approve resolution
OPTIONS FOR COUNCIL CONSIDERATION
ATTACHMENTS