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HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM FILE ID: _ Q 7^ 00 1 2006 RUG 29 firi 9 96 Date: 8/23/2006 Requesting Department: Finance Commission Meeting Date: a/$ '2001 District Impacted: Type: n Resolution E 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. Budget 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 Final Approvals (SIGN AND DATE) Budget '��M ._�3 8114nb Risk Management !fusing or receiving capital funds Grants Purchasing ' Dept. Director'' Chief '`� - City Manager (7 y \ Page 1 of 1