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65B - 1ST QUARTER BUDGET UPDATE
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11/21/2017
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65B - 1ST QUARTER BUDGET UPDATE
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Last modified
11/20/2017 11:37:51 AM
Creation date
11/20/2017 11:39:44 AM
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City Clerk
Doc Type
Agenda Packet
Agency
Finance & Management Services
Item #
65B
Date
11/21/2017
Destruction Year
2022
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REQUEST FOR <br />COUNCIL ACTION <br />CITY COUNCIL MEETING DATE: <br />NOVEMBER 21, 2017 <br />TITLE: <br />RECEIVE AND FILE — FISCAL YEAR 2017-18 <br />FIRST QUARTER BUDGET UPDATE; <br />APPROVE APPROPRIATION ADJUSTMENTS; <br />ADOPT A RESOLUTION TO AMEND THE <br />BUDGET TO ADD TWO POSITIONS; AND <br />RECEIVE AND FILE BUDGET PRINCIPLES. <br />(STRATEGIC PLAN NO. 2, 4; 4, 1; 3, 3) <br />'CIV MANAGER <br />RECOMMENDED ACTION <br />CLERK OF COUNCIL USE ONLY: <br />APPROVED <br />❑ As Recommended <br />❑ As Amended <br />❑ Ordinance on 151 Reading <br />❑ Ordinance on 2nd Reading <br />❑ Implementing Resolution <br />❑ Set Public Hearing For <br />CONTINUED TO <br />FILE NUMBER <br />1. Receive and file fiscal year 2017-18 First Quarter Budget Update. (Exhibit 1) <br />2. Approve an appropriation adjustment of $10,000 for the marketing of a youth internship <br />program. <br />3. Approve an appropriation adjustment of $420,000 in building permit and plan check revenue <br />and New Construction personnel and related expenditures to fund inspection positions. <br />4. Adopt a resolution to amend the budget to add two Combination Building Inspector <br />positions. (Exhibit 2) <br />5. Receive and file the Administrative Guidelines that identify the Budget Principles to be used <br />in preparing fiscal year 2018-19 Operating Budget. (Exhibit 3) <br />DISCUSSION <br />On June 6, 2017, the City Council directed staff to present an update on year-end results for FY <br />2016-17 along with a quarterly fiscal review for FY 2017-18, for the General Fund, and an update <br />on current citywide vacancies. Staff has also included Budget Principles outlining how the <br />Finance and Management Services Agency (FMSA) will use these principles when developing the <br />City Budget. <br />In addition, during the course of continued discussions with the Planning and Building Agency <br />(PBA) it was determined the City would be in receipt of additional Plan Check and Permit <br />revenue(s). As a result of the increase in revenue projections by PBA, a request has been made <br />6513-1 <br />
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