Review mid-year budget forecast and approve spending adjustments
In Plain English
The city reviews its budget halfway through the fiscal year to see how actual spending compares to projections. Staff identified areas where the city needs to move money between departments or adjust spending limits. If approved, these changes help balance the budget for the remainder of fiscal year 2011-12.
Auto-generated summary. Source: official agenda documents.
Votes
Adopt Resolution No. 40-12
6 to 0
Why This Vote Matters
The council unanimously approved mid-year budget adjustments to realign spending for the rest of fiscal year 2011-12. This routine financial housekeeping allows the city to move money between departments where actual costs have differed from original projections, helping ensure the budget stays balanced through June. All six present members supported the changes, with Councilmember McLaughlin absent from the meeting. These mid-year budget reviews are standard practice that help cities avoid overspending in any single department.
Auto-generated context. Source: official meeting records.
Similar Discussions
5 related items found by meaning
Review mid-year budget forecast and approve spending adjustments
Review mid-year budget forecast and approve spending adjustments for fiscal year 2009-10
Review mid-year budget forecast and approve spending adjustments
Review mid-year budget forecast and proposed spending adjustments
Adopt mid-year budget adjustments for fiscal year 2013-14
The Story So Far
Related items from other meetings
Budget Study Session on Proposed Fiscal Year 2026-27 Operating Budget and Fiscal Year 2026-31 Five-Year Capital Improvement Plan
Engineer’s Report for Fiscal Year 2026-27 for the Marina Bay Landscape and Lighting Maintenance District (MBLLMD)
Setting Tax Rate for the Pension Tax Override Fund for Fiscal Year 2026-27
Review draft 2026-27 city budget and 5-year capital improvement plan
Preliminary Engineer’s Report and Intent to Levy Assessments for Hilltop Landscape Maintenance District (HLMD) for Fiscal Year (FY) 2026-27
Submit Applications for Bay Area Air Quality Management District Grant Programs
Contract Amendment No. 2 with SCI Consulting Group to Prepare the Hilltop Assessment Districts Annual Engineer’s Report
Extend electric bikeshare contract through June 2027 for $390,000
Approve $3.3 million in state road funding for street repairs
Set pension tax rate at 0.14% for fiscal year 2026-27