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File Number: 17-032 <br />Adjustments, and Net Changes in Fund Balance. Detail reports include the same information, <br />but also provide complete descriptions regarding the purpose of the adjustments. <br />FISCAL IMPACT <br />The ending fund balance for the General Fund in 2016-17 is projected to decrease by <br />$380,000. This is due to an overall increase of $596,419 in General Fund appropriations, of <br />which is partially offset by expected reimbursements of $216,419 from various organizations. <br />Should additional appropriation adjustments become necessary, they will be brought to <br />Council for approval throughout the fiscal year as needed. <br />The projected ending fund balance for the General Fund in 2016-17 is not expected to change <br />as a result of the increase in appropriation of $296,419. This is due to reimbursements the <br />City expects to receive from various organizations for the same total amount of $296,419. <br />Should additional appropriation adjustments become necessary, they will be brought to <br />Council for approval throughout the fiscal year as needed. <br />CONCLUSION <br />Staff recommends that the City Council review and approve the 2016-17 Budget <br />Amendments. <br />Attachments to Resolution <br />·Attachment 1 - Summary Budget Adjustments 2016-17 <br />·Attachment 2 - Detailed Budget Adjustments 2016-17 <br />PREPARED BY: David Baum, Finance Director <br />Page 2 City of San Leandro Printed on 1/31/2017 <br />97