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HomeMy WebLinkAboutSummary FormAGENDA ITSUMMA • L FILE ID: �p"'tett b u Date: 1/24/2006, Requesting Department: Finance Commission Meeting Date: 0212006 District Impacted: Type: ❑ Resolution ❑ Ordinance ❑ Emergency Ordinance ® Discussion Item ❑ Other Subject: Financial Update and Budget Outlook Purpose of Item: Enacting an anti -deficiency act to set forth regulations to ensure that departments and department directors with authority to direct obligation or disbursement of city funds do not expend funds during a fiscal year in excess of those which have been approved in a duly adopted budget, Background Information: • In compliance with the requirements in Ordinance No. 11727 enacted in November 1998, the Administration is prepared to provide a financial update and a budget outlook. B}ideet Impact Analysis NO Is this item related to revenue? NO Is this item an expenditure? If so, please identify funding source below. General Account No: Special Revenue Account No: CIP Project No: Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: CIP it using or receiving capital funds Grants Purchasing Chief Final Approvals £SIGN AND DATE Budget �Yjlt TV Pi Risk Management Dept. Director City Manage Non 1 of 1 NIA