HomeMy WebLinkAboutCDC A200 Mid Yr Budget Changes (Finance)MEETING DATE:
CITY OF NATIONAL CITY, CALIFORNIA
COMMUNITY DEVELOPMENT COMMISSION
COUNCIL AGENDA STATEMENT
February 15, 2011
AGENDA ITEM NO.
ITEM TITLE:
Resolution of the Community Development Commission of the City of National City approving and adopting
the FY 2010-2011 Mid -Year Budget Changes
PREPARED BY: 'Jeanette Ladrido'
PHONE: 619-336-4331
EXPLANATION:
In June 2010, the City Council adopted the FY 2010-2011 budget. As part of the mid -year review, the finance
staff reviewed the first six months of actual revenue and expenditures and projected the last six months of the
fiscal year. The mid -year budget review was presented to the City Council and members of the community on
Saturday, February 5, 2011. Per staff review, it is estimated that the General Fund is on target with the original
budget and there is no significant changes recommended. In addition, staff has reviewed the Original Budgets of
the CDC and it appears that the original budgets do not require significant revisions.
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DEPARTMEN
APPROVED BY:
FINANCIAL STATEMENT: APPROVED: 1-----,_
ACCOUNT NO. APPROVED:
N/A
ENVIRONMENTAL REVIEW:
xis
ORDINANCE: INTRODUCTION:
FINAL ADOPTION:
Finance
MIS
STAFF RECOMMENDATION:
Accept and File
BOARD / COMMISSION RECOMMENDATION:
NIA
ATTACHMENTS:
1. Resolution
2. Summary of FY 2011-2012 Mid -Year Budget Changes,