Title
ORDINANCE 3391: AMENDING THE 2017-2018 BIENNIAL BUDGET (FIRST READING)
COUNCIL STRATEGIC INITIATIVE ADDRESSED:
Continue effective financial management.
CITY ATTORNEY REVIEW: REQUIRED
SUMMARY STATEMENT:
The subject ordinance has been prepared to amend the 2017-2018 biennial budget to authorize expenditures unforeseen at the time the 2017-2018 biennial budget was adopted. These amendments affect the General Fund, Economic Development Fund, Public Safety Fund, 2007 LTGO Fund, Building Replacement Fund, Equipment Rental Fund and Unemployment Compensation Fund in the 2017-2018 biennial budget.
Budget amendment ordinances require two readings before the Council. This evening's reading represents the first reading of Ordinance No. 3391.
RECOMMENDED ACTION:
No action required - first reading.
STAFF CONTACT:
Kurt Sacha, City Manager