Transfer cash from General Fund reserves to cover negative balances in other funds

Budget AdjustmentsBudgetAppropriation

In Plain English

Some city funds ended fiscal year 2018 with negative cash balances, meaning they spent more than they had available. The city transfers money from General Fund reserves to bring these funds back to positive balances. This is a routine year-end accounting adjustment to balance the books.

Auto-generated summary. Source: official agenda documents.

Votes

Approve consent calendar

Passed

5 to 0

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