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HomeMy WebLinkAboutRDA CONT OPER 2001/2 06-18-01AGENDA REPORT MEETING DATE: JUNE 18, 2001 RDA NO. 2 TO: WILLIAM A. HUSTON, EXECUTIVE DIRECTOR FROM: RONALD A. NAULT, FINANCE DIRECTOR SUBJECT: AUTHORIZATION TO CONTINUE OPERATION FOR FISCAL 2001/2002 SUMMARY: It is requested that the Agency approve continued fiscal operations pending finalization of the 2001/2002 budget. RECOMMENDATION: That the Agency, through Minute Action, authorize the Executive Director to continue fiscal operations for 2001/2002 at an appropriation level not to exceed that of 2000/2001, until such time as the budget process can be completed. Since the 2001/2002 budget will not be approved until after July 1, 2001, it is necessary for the Agency to authorize expenditures for operations. This would also include capital improvement projects approved in fiscal year 2000/2001. It would not include new capital improvement projects or services. Ronald A':'. Nault Finance Director RAN:ts