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Approve appropriation adjustment to carryover unspent amounts from <br />Fiscal year 2020-21 to fiscal year 2021-22. <br />September 21, 2021 <br />Page 2 <br />2 <br />1 <br />0 <br />1 <br />Each amount on the list includes the amount available one month after the end of FY <br />2020-21. Staff continues to pay FY 2020-21 invoices through the end of August and <br />complete the reconciliation of accounts in October. The FY 2020-21 ledger will not be <br />final and closed until the financial statements have been audited in November. Therefore, <br />the requested carry-overs are “maximum” amounts. The actual amounts processed for <br />carryover will be limited to available budget once the FY 2020-21 ledger is closed and is <br />summarized by fund (Exhibit 2). Staff will update FY21-22 revenue estimates for <br />reimbursement grants tied to Carryover amounts (i.e. CDBG) to reflect reimbursement <br />timing. <br />ENVIRONMENTAL IMPACT <br />There is no environmental impact associated with this action. <br />FISCAL IMPACT <br />There is no fiscal impact associated with the recommended actions to carryover unspent <br />appropriations. The previously authorized expenditures will be spent in a later period, <br />which only impacts the timing of cash flow. <br />EXHIBIT <br />1. List of requests to carryover unspent appropriations <br />2. List of requests to carryover unspent appropriations by fund <br />Submitted By: Kathryn Downs, FMSA Executive Director <br />Approved By: Kristine Ridge, City Manager