City of Temecula header
File #: AR-20-024    Version: 1 Name:
Type: Council - Consent Calendar Status: Agenda Ready
File created: 2/10/2020 In control: City Council
On agenda: 2/25/2020 Final action:
Title: Approve Financial Statements for 1st Quarter Ended September 30, 2019
Attachments: 1. Agenda Report, 2. Financial Statements
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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.