title
Approve Financial Statements for the 4th Quarter Ended June 30, 2019
recommendation
That the City Council:
1. Receive and file the financial statements for the 4th quarter ended June 30, 2019;
2. Approve the following FY2018-19 Appropriations:
A. Increase Revenue and Transfer Out accounts by $69,730 in Fund 160 - Supplemental Law Enforcement Services (SLESF) to reflect higher than anticipated revenue.
B. Increase the Transfer In account in the General Fund by $69,730 from Fund 160.
3. Approve the following FY2019-20 Appropriations:
A. Transfer $2,000,000 of year-end General Fund Operating Budget surplus to Fund 701 - Section 125 Pension Trust, in accordance with Budget Policy XII.B.2.
B. Appropriate $1,000,000 of year-end Measure S Operating Budget surplus to Capital Improvement Project PW18-17 Playground Equipment Enhancement and Safety Surfacing.