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 15, 2015
PURPOSE
To amend the 2015 budget.
BACKGROUND
Capital Projects that were not completed by 12/31/14 need to be re-budgeted in 2015 so the projects can be completed.
CRITERIA BY WHICH COUNCIL MUST CONSIDER THE ITEM
FINANCIAL IMPACT
All the budget appropriations in this resolution are of prior year's incomplete projects. Therefore, the budget amendment must be made by a supplemental budget appropriation as the money lapsed into Fund Balance 12/31/14.
STAFF RECOMMENDATION
Staff recommends the budget amendment be approved.
OPTIONS FOR COUNCIL CONSIDERATION
Approve the budget amendments as presented, amend or deny.
ATTACHMENTS