HomeMy WebLinkAboutRDA 02 FY 2004/2005 06-21-04
AGENDA REPORT
Agenda Item RDA 2
Reviewed: It
City Manager
Finance Director
MEETING DATE:
JUNE 21,2004
FROM:
WILLIAM A. HUSTON, EXECUTIVE DIRECTOR
RONALD A. NAULT, FINANCE DIRECTOR
TO:
SUBJECT:
AUTHORIZATION TO CONTINUE OPERATION FOR FISCAL 2004/2005
SUMMARY:
It is requested that the Agency approve continued fiscal operations pending finalization of the
2004/2005 budget.
RECOMMENDATION:
That the Agency, through Minute Action, authorize the Executive Director 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 Agency 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 oConti n ueOperation R DA2004 . doc