HomeMy WebLinkAbout05 CONTINUE OPER. 06-17-02AGENDA REPORT
NO. 05
06-17-02
MEETING DATE: JUNE 17, 2002 330-50
TO:
FROM:
SUBJECT:
WILLIAM A. HUSTON, CITY MANAGER
RONALD A. NAULT, FINANCE DIRECTOR
AUTHORIZATION TO CONTINUE OPERATION FOR FISCAL 2002/2003
SUMMARY:
It is requested that the City Council approve continued fiscal operations pending finalization of
the 2002/2003 budget.
RECOMMENDATION:
That the City Council, through Minute Action, authorize the City Manager to continue fiscal
operations for 2002/2003 at an appropriation level not to exceed that of 2001/2002, until such
time as the budget process can be completed. Since the 2002/2003 budget will not be
approved until after July 1, 2002, it is necessary for the City Council to authorize expenditures
for operations. This would also include capital improvement projects approved in fiscal year
2001/2002. It would not include new capital improvement projects or services.
Ronald A. Nault
Finance Director
RAN:ts
Budget&CAFR:AuthodzationToContinueOperationStaffReport2002.doc