4.11.
CC Regular Session
- Meeting Date:
- 02/14/2012
- By:
- Diana Lund, Finance
Information
Title:
Adopt Resolution #12-02-XXX Amending the 2011 General Fund Budget
Background:
Attached for your review and consideration is the 2011 Amended General Fund Budget.
The City is required to amend their adopted budgets annually to reflect more accurately the actual expenditures and revenues of the city for that proposed year. Please note that these are not final numbers. Numbers will not be finalized until after the city's annual audit in April.
Based on year-end estimates, the city will meet its fund balance requirements for 2012 which is to have a fund balance of an amount equal to 50% of the 2012 budget.
The City is required to amend their adopted budgets annually to reflect more accurately the actual expenditures and revenues of the city for that proposed year. Please note that these are not final numbers. Numbers will not be finalized until after the city's annual audit in April.
Based on year-end estimates, the city will meet its fund balance requirements for 2012 which is to have a fund balance of an amount equal to 50% of the 2012 budget.
Recommendation:
Approve attached Resolution #12-02-XXX Amending the 2011 General Fund Budget.
Council Action:
Motion to recommend Council Adopt Resolution #12-02-XXX Amending the 2011 General Fund Budget.
Attachments
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Kurt Ulrich | Kurt Ulrich | 02/09/2012 02:33 PM |
- Form Started By:
- Diana Lund
- Started On:
- 02/02/2012 01:05 PM
- Final Approval Date:
- 02/09/2012