title
Approve Financial Statements for 1st Quarter Ended September 30, 2019
recommendation
That the City Council:
1. Receive and file the Financial Statements for the 1st Quarter Ended September 30, 2019.
2. Defer $3,135,000 in Construction and $165,000 in Construction Engineering budget for the Ynez Road Improvement Capital Project from Fiscal Year 2019-20 to 2020-21, to correct an erroneous budgeting error and align the budget in the year when activity is anticipated to begin.
3. Defer $8,700,000 in Construction and $232,796 in Construction Engineering budget for the Nicolas Road Extension and Improvements Capital Project from Fiscal Year 2019-20 to 2020-21, to correct an erroneous budgeting error and align the budget in the year when activity is anticipated to begin.