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HomeMy WebLinkAboutRDA 2 CONT. OPERATION 06-17-02AGENDA REPORT NO. RDA 2 06-17-02 MEETING DATE: JUNE 17, 2002 330-50 TO: FROM: SUBJECT: WILLIAM A. HUSTON, EXECUTIVE DIRECTOR RONALD A. NAULT, FINANCE DIRECTOR AUTHORIZATION TO CONTINUE OPERATION FOR FISCAL 2002/2003 SUMMARY: It is requested that the Agency approve continued fiscal operations pending finalization of the 2002/2003 budget. RECOMMENDATION: That the Agency, through Minute Action, authorize the Executive Director 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 Agency 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:AuthodzationToContlnueOperationRDA2002.doc