Transfer cash from city reserves to cover budget shortfalls
<UNKNOWN>
Resolution <UNKNOWN>
In Plain English
Several city departments spent more money than budgeted during the fiscal year that ended June 30, 2017. The city maintains reserve funds for situations like this. If approved, the city moves money from its general savings account to cover the overspending and balance the books.
Auto-generated summary. Source: official agenda documents.
Votes
Approve consent calendar
7 to 0
Similar Discussions
5 related items found by meaning
Approve final budget adjustments for fiscal year that ended in June 2019
Transfer cash from General Fund reserves to cover negative balances in other funds
Adjust city's 2019-20 budget at mid-year review
Receive update on final adjustments to 2020-2021 budget
Approve mid-year budget adjustments for current fiscal year
The Story So Far
Related items from other meetings
Hire NBS to analyze fiscal impact of public safety charter amendment
Accept $790,693 grant to plan Richmond Greenway Gap Closure
Approve on-call audit contracts for financial and grant audits
Approve sewer service charges for 2026-27 tax rolls
Approve stormwater utility agreement with county flood district
Approve 3% assessment increase for Hilltop landscape district
Approve emergency response survey findings and begin ballot planning
Approve city spending plan and 5-year construction plan
Adopt city spending limit for 2026-27
Raise Marina Bay landscaping fees by 3%