HomeMy WebLinkAboutRDA 2 CONT. OPER. 03/04 6-16-03AGENDA REPORT
Agenda Item
Reviewed:
City Manager
Finance Director
RDA 2
MEETING DATE: JUNE 16, 2003
TO:
FROM:
SUBJECT:
WILLIAM A. HUSTON, EXECUTIVE DIRECTOR
RONALD A. NAULT, FINANCE DIRECTOR
AUTHORIZATION TO CONTINUE OPERATION FOR FISCAL 2003/2004
SUMMARY:
It is requested that the Agency approve continued fiscal operations pending finalization of the
2003~2004 budget.
RECOMMENDATION:
That the Agency, through Minute Action, authorize the Executive Director 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 Agency 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.
Ronald A. Nault
Finance Director
RAN:ts
Budget&CAFR:AuthorizationToContinueO perationRDA2003.doc