SUBJECT:
Consideration and Action regarding Resolution No. 2020-22, Adoption of Revised Budget for Fiscal Year 2019-2020.
BACKGROUND/DISCUSSION:
Resolution No. 2020-22 adopts the final revisions to the 2019-2020 fiscal year budget.
FINANCIAL IMPACT:
The purpose of the revisions is to bring revenues and expenditures in line with projected year end totals and amend the budget for items previously approved by the City Council.
RECOMMENDATION:
Staff recommends approval of Resolution No. 2020-22, adoption of the revised budget for fiscal year 2019-2020. |