HomeMy WebLinkAboutRDA 02 CONT BUDGET 06-20-05
AGENDA REPORT
Agenda Item
Reviewed:
City Manager
RDA2
Finance Director
It
MEETING DATE:
JUNE 20, 2005
TO:
WilLIAM A. HUSTON, EXECUTIVE DIRECTOR
FROM:
RONALD A. NAULT, FINANCE DIRECTOR
AUTHORIZATION TO CONTINUE OPERATION FOR FISCAL 2005/2006
SUBJECT:
SUMMARY:
It is requested that the Agency approve continued fiscal operations pending finalization of the
2005/2006 budget.
RECOMMENDATION:
That the Agency, through Minute Action, authorize the Executive Director 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 Agency 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.
~~
Finance Director
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