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Finance Highlights 2011 0114
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Finance Highlights 2011 0114
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2/3/2011 5:46:00 PM
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2/3/2011 5:45:59 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Committee Highlights
Document Date (6)
1/14/2011
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_CC Agenda 2011 0207
(Reference)
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\City Clerk\City Council\Agenda Packets\2011\Packet 2011 0207
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• The FY 2011 -12 baseline budget assumes no $300,000 transfer from the General Fund to the <br /> Gas Tax Fund (as has been completed in prior years), <br /> • No change in the Refuse contract <br /> • No $500,000 transfer to the General Fund from the Self Insurance Fund. <br /> • Assumes a $300,000 allocation to the General Fund Reserves due to the increase in sales tax <br /> revenues. <br /> Staff believes that although the budget baseline assumptions are conservative, that these are <br /> prudent and provide a viable starting point for the preliminary FY 2011 -12 budget discussion. <br /> Staff is available to answer any additional questions the Finance Committee may have. <br /> 3 <br />
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