HomeMy WebLinkAbout05 CONT OPER F.Y.03/04 06-16-03AGENDA REPORT
Agenda Item
Reviewed:
City Manager
Finance Director
MEETING DATE: JUNE 16, 2003
TO:
FROM:
SUBJECT:
WILLIAM A. HUSTON, CITY MANAGER
RONALD A. NAULT, FINANCE DIRECTOR
AUTHORIZATION TO CONTINUE OPERATION FOR FISCAL 2003/2004
SUMMARY:
It is requested that the City Council approve continued fiscal operations pending finalization of
the 2003/2004 budget.
RECOMMENDATION'
That the City Council, through Minute Action, authorize the City Manager to continue fiscal
operations for 2003/2004 at an appropriation level not to exceed that of 2002/2003, until such
time as the budget process can be completed. Since the 2003/2004 budget will not be
approved until after July 1, 2003, it is necessary for the City Council to authorize expenditures
for operations. This would also include capital improvement projects approved in fiscal year
2002/2003. It would not include new capital improvement projects or services.
Rona'ld A. Nault
Finance Director
RAN:ts
Budget&CAFR:AuthorizationToContinueO perationStaffReport2003.doc