HomeMy WebLinkAbout09 CONTINUE BUDGET OPERATION FY 06-07 06-19-06AGENDA REPORT
MEETING DATE: JUNE 19, 2006
TO: WILLIAM A. HUSTON, CITY MANAGER
FROM: RONALD A. NAULT, FINANCE DIRECTOR
SUBJECT: AUTHORIZATION TO CONTINUE OPERATION FOR FISCAL 2006/2007
SUMMARY:
It is requested that the City Council approve continued fiscal operations pending finalization of
the 2006/2007 budget.
RECOMMENDATION:
That the City Council, through Minute Action, authorize the City Manager to continue fiscal
operations for 2006/2007 at an appropriation ievel not to exceed that of 2005/2006, until such
time as the budget process can be completed. Since the 2006/2007 budget will not be
approved until after July 1, 2006, it is necessary for the City Council to authorize expenditures
for operations. This would also include capital improvement projects approved in fiscal year
2005/2006. It would not include new capital improvement projects or services.
Ronald A. Nault
Finance Director
RAN:ts
U:\Budget and CAFRlAuthorization T oContinueOperationStBffReport2006. doc