HomeMy WebLinkAbout06 FY 2004/2005 BUDGET 06-21-04
Agenda Item
6
AGENDA REPORT
Reviewed: £
City Manager '
Finance Director'
MEETING DATE:
JUNE 21,2004
FROM:
WILLIAM A. HUSTON, CITY MANAGER
RONALD A. NAULT, FINANCE DIRECTOR
TO:
SUBJECT:
AUTHORIZATION TO CONTINUE OPERATION FOR FISCAL 2004/2005
SUMMARY:
It is requested that the City Council approve continued fiscal operations pending finalization of
the 2004/2005 budget.
RECOMMENDATION:
That the City Council, through Minute Action, authorize the City Manager to continue fiscal
operations for 2004/2005 at an appropriation level not to exceed that of 2003/2004, until such
time as the budget process can be completed. Since the 2004/2005 budget will not be
approved until after July 1, 2004, it is necessary for the City Council to authorize expenditures
for operations. This would also include capital improvement projects approved in fiscal year
2003/2004. It would not include new capital improvement projects or services.
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Finance Director
RAN:ts
Budget&CAF R :Authorization T oContinueOperation S taffReport2004. doc