HomeMy WebLinkAbout10 CONTINUE BUDGET OPERATION FY 08/09 06-17-08AGENDA REPORT
MEETING DATE: June 17, 2008
TO: William A. Huston, City Manager
FROM: Ronald A. Nault, Finance Director
SUBJECT: AUTHORIZATION TO CONTINUE OPERATION FOR FISCAL 2008/2009
SUMMARY:
It is requested that the City Council approve continued fiscal operations pending finalization of
the 2008/2009 budget.
RECOMMENDATION:
That the City Council, through Minute Action, authorize the City Manager to continue fiscal
operations for 2008/2009 at an appropriation level not to exceed that of 2007/2008, until such
time as the budget process can be completed. Since the 2008/2009 budget will not be
approved until after July 1, 2008, it is necessary for the City Council to authorize expenditures
for operations. This would also include capital improvement projects approved in fiscal year
2007/2008. It would not include new capital improvement projects or services.
Ronald A. Nault
Finance Director
AuthorizationToContinueOperationStafiReport2008. doc