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<br />REVIEW AND ADOPT 2006 AMENDED GENERAL FUND <br />By: Diana Lund, Finance Officer <br /> <br />Background: <br /> <br />Attached for your review and consideration is the 2006 Amended General Fund Budget. <br /> <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 /> <br />Attached is a listing of the 2006 Adopted General Fund Budget line items and the 2006 <br />Amended Budget requests. The difference between the adopted and amended budget is <br />also shown. <br /> <br />Staff Recommendation: <br /> <br />Approve attached Resolution #07-0 I-XXX Amending the 2006 General Fund Budget <br /> <br />Council Action: <br /> <br />Motion to recommend Council adopt Resolution #07-0 I-XXX Amending the 2006 <br />General Fund Budget. <br /> <br />t~" <br /> <br />-85- <br />