Transfer cash from city reserves to cover budget shortfalls
Year-End Budget AdjustmentsBudget<UNKNOWN>Appropriation
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
Motion · Official minutes
Approve consent calendar
Passed
7 aye · 0 nay
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