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Item 30 - Fiscal Year 2021-22: Third Quarter Budget Update
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Item 30 - Fiscal Year 2021-22: Third Quarter Budget Update
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4/5/2024 9:21:33 AM
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8/16/2023 8:29:34 AM
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City Clerk
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Agenda Packet
Agency
Clerk of the Council
Item #
30
Date
5/3/2022
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Receive and file the FY 2021-22 — Third Quarter Budget Update <br />May 3, 2022 <br />Page 4 <br />As of March 31, there is a total of 179 total vacancies, of which, 153 are funded vacant <br />positions and 26 are subject to the hiring freeze. Positions subject to the hiring freeze <br />provided $2.5 million in savings in the current year budget. The vacancy report as of <br />March 31 does not reflect the entire $0.4 million approved during the First Quarter Budget <br />Update on January 18, 2022 to partially restore hiring freeze positions. <br />ENVIRONMENTAL IMPACT <br />There is no environmental impact associated with this action. <br />FISCAL IMPACT <br />The summary of General Fund fiscal impact appears at the beginning of this report and <br />staff has listed the recommended revenue adjustments (i.e., sales tax and plan checks) <br />in Exhibit 1. <br />EXHIBIT(S) <br />1. FY 2021-22 Third Quarter General Fund Revenue Adjustments <br />Submitted By: Kathryn Downs, FMSA Executive Director <br />Approved By: Kristine Ridge, City Manager <br />
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