Loading...
HomeMy WebLinkAbout06 CONT BUDGET FY05-6 06-20-05 Finance Director 6 ~ AGENDA REPORT Agenda Item Reviewed: City Manager MEETING DATE: JUNE 20, 2005 TO: WilLIAM A. HUSTON, CITY MANAGER FROM: RONALD A. NAULT, FINANCE DIRECTOR SUBJECT: AUTHORIZATION TO CONTINUE OPERATION FOR FISCAL 2005/2006 SUMMARY: It is requested that the City Council approve continued fiscal operations pending finalization of the 2005/2006 budget. RECOMMENDATION: That the City Council, through Minute Action, authorize the City Manager to continue fiscal operations for 2005/2006 at an appropriation level not to exceed that of 2004/2005, until such time as the budget process can be completed. Since the 2005/2006 budget will not be approved until after July 1, 2005, it is necessary for the City Council to authorize expenditures for operations. This would also include capital improvement projects approved in fiscal year 2004/2005. It would not include new capital improvement projects or services. .Ji~ Finance Director RAN:ts U,'B'd,el and CAFRIA,lho,;zal;onToConUn,eOpe,al;onSlaffReport2005.doo