Laserfiche WebLink
File Number: 18-449 <br />information, but also provide complete descriptions regarding the purpose of the adjustments. <br />FISCAL IMPACT <br />The projected ending fund balance for the General Fund in FY 2017-18 did not change as a result <br />of departmental and fund appropriations over the last six months of the fiscal year. New General <br />Fund revenues of $39,196, mainly from donations and reimbursements, funded the increase of <br />new General Fund expenditures of $39,196. <br />The total change in the projected ending fund balance for the General Fund in FY 2018-19 <br />amounts to a decrease of $1,607,093. This is mainly the result of carry-overs from various <br />projects and initiatives not completed in Fiscal Year 2017-18. This is a standard procedure for <br />projects that take longer than one year to complete or those that were initiated later in the fiscal <br />year. 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 FY 2017-18 and 2018-19 Budget <br />Amendments. <br />Attachments to Resolution <br />·Attachment 1 - Summary Budget Adjustments FY 2017-18 <br />·Attachment 2 - Detailed Budget Adjustments FY 2017-18 <br />·Attachment 3 - Summary Budget Carryover Adjustments FY 2018-19 <br />·Attachment 4 - Detailed Budget Carryover Adjustments FY 2018-19 <br />Page 2 City of San Leandro Printed on 9/25/2018