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Finance and Management Services <br />www.santa-ana.org/finance <br />Item # 43 <br />City of Santa Ana <br />20 Civic Center Plaza, Santa Ana, CA 92701 <br />Staff Report <br />February 20, 2024 <br />TOPIC: FY 2023-24 Mid -Year Budget Update, Appropriation Requests, and Workforce <br />Changes <br />AGENDA TITLE <br />Fiscal Year 2023-24 Mid -Year Budget Update, Appropriation Requests, and Workforce <br />Changes <br />RECOMMENDED ACTION <br />1. Receive and file the FY 2023-24 Mid -Year budget update. <br />2. Approve the recommended Appropriation Adjustments. (Requires five affirmative <br />votes) <br />3. Adopt Resolution No. 2024-XXX entitled A RESOLUTION OF THE CITY <br />COUNCIL OF THE CITY OF SANTA ANA TO EFFECT CERTAIN CHANGES <br />TO THE CITY'S CLASSIFICATION AND COMPENSATION PLAN. <br />4. Adopt Resolution No. 2024-XXX entitled A RESOLUTION OF THE CITY <br />COUNCIL OF THE CITY OF SANTA ANA TO AMEND THE CURRENT FISCAL <br />YEAR 2023-2024 ANNUAL BUDGET TO ADJUST FULL-TIME POSITIONS IN <br />THE CITY CLERK'S OFFICE, COMMUNITY DEVELOPMENT AGENCY, <br />LIBRARY SERVICES, PARKS, RECREATION & COMMUNITY SERVICES <br />AGENCY, AND PUBLIC WORKS AGENCY, INCLUDING ADDITIONS AND/OR <br />REALLOCATIONS. <br />GOVERNMENT CODE §84308 APPLIES: No <br />DISCUSSION <br />The Mid -Year Budget Update provides a snapshot of General Fund activity for the first <br />six months of the fiscal year, new information with impact to revenue, recommended <br />appropriation adjustments, and notable items for other City funds. The update also <br />includes recommended workforce changes and a full-time vacancy report as of <br />December 31, 2023. Finally, the report concludes with an updated summary of all funds <br />with estimated fund balances on June 30, 2024. <br />The proposed adjustments in this report result in a net $6,254 increase in the estimated <br />Spendable General Fund balance. <br />