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HomeMy WebLinkAboutA200 Staff Report (Admin Svcs / Finance)CITY OF NATIONAL CITY, CALIFORNIA COUNCIL AGENDA STATEMENT MEETING DATE: February 19, 2013 AGENDA ITEM NO. ITEM TITLE: Staff Report: Mid -Year Fiscal Year 2012-13 Budget Update PREPARED BY: Mark Roberts PHONE: 336-4265' EXPLANATION: Please refer to attached staff report. DEPARTMENT: Administrative Services/Finance APPROVED BY: FINANCIAL STATEMENT: APPROVED: v<�'lu4Finance.. ACCOUNT NO. APPROVED: MIS If all recommendations are approved, the net impact of budget adjustments would increase appropriations $99,422, and the City's Contingency Reserve would increase $2,025,274 to $9,085,066, 24.2% of budgeted General Fund operating expenditures. ENVIRONMENTAL REVIEW: This is not a project and, therefore, is not subject to environmental review. ORDINANCE: INTRODUCTION: FINAL ADOPTION: STAFF RECOMMENDATION: Accept the staff report as presented. Adopt the recommendations in the staff report. BOARD / COMMISSION RECOMMENDATION: N/A, ATTACHMENTS: Staff Report