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HomeMy WebLinkAboutL- 7 Staff report schedule of Budget Amendments for FY 2002-03CONSENT CALENDAR TO: THE HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL FROM: STEVE KENOYER, ACTING FINANCE DIRECTOR VIA: ROBERT PERSON, ASSISTANT CITY MANAGER DATE: MARCH 17, 2003 SUBJECT: SCHEDULE OF BUDGET AMENDMENTS FOR FY2002/03 RECOMMENDATION It is recommended that City Council review the attached schedule of budget amendments for the current year to date. BACKGROUND The City Council requested to be informed quarterly on the cumulative effect of budget amendments for the fiscal year. FISCAL IMPACT Budget amendments that are not funded by additional revenues dip into unreserved fund balance or retained earnings as their source of funding.