Laserfiche WebLink
■ <br />REVIEW AND ADOPT 2008 AMENDED GENERAL FUND BUDGET <br />By: Diana Lund, Finance Officer <br />Background: <br />Attached for your review and consideration is the 2008 Amended General Fund Budget. <br />The City is required to amend their adopted budgets annually to reflect more accurately <br />the actual expenditures and revenues of the City for that proposed year. Please note that <br />these are not final numbers nor do they represent the true amount of excess revenue for <br />the year - end transfer. The amount of excess revenue is determined after the application <br />of the applicable policy and after all financial records have been finalized. <br />Attached is a listing of the 2008 Adopted General Fund Budget line items and the 2008 <br />Amended Budget requests. The difference between the adopted and amended budget is <br />also shown. The 2008 Adopted General Fund budget was amended at the beginning of <br />year 2008 to reflect the $420,000 that had been budgeted in year 2007 for a fire truck and <br />water tank and that were not purchased until 2008. <br />Funding Source: <br />None Required. <br />Staff Recommendation: <br />Approve attached Resolution #09 01 - XXX Amending the 2008 General Fund Budget <br />Council Action: <br />Motion to recommend Council adopt Resolution #09- 01 -XXX Amending the 2008 <br />General Fund Budget. <br />Reviewed By: <br />City Administrator: <br />Finance Officer <br />Consent: 1 -27 -09 <br />Consent # I <br />