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AGENDA REPORT 4aaq �D�
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DATE: January 14,2002 1/
TO: Honorable Mayor and City Council
THRU: John B. Bahorski, City Manager
FROM: Pamela Arends-King,Director of Administrative Services/Treasurer
SUBJECT: Budget Amendments
SUMMARY OF REQUEST:
Staff requests City Council approve the following budget amendments.
BACKGROUND:
The Finance Department has been requested to submit the City's Comprehensive Annual
Financial Report (CAFR) for the Government Finance Officers Association Award. The
Finance Department did not budget for this expenditure and is requesting a budget
increase of$3,400 to cover the award application fee and printing costs for the CAFR and
Annual Budget.
FISCAL IMPACT:
The total proposed budget amendment is $3,400. The application fee and printing costs
will be covered by undesignated fund balance. The current undesignated fund balance is
$3,075,608. The proposed budget amendment will decrease undesignated fund balance
by$3,400 to$3,072,208.
RECOMMENDATION:
Staff recommends City Council approve a resolution amending the budget for the GFOA
CAFR Award Program application fee and printing fees.
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Pamela Arends-King
Director of Administrative Services/Treasurer
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John B. ahors
City '4= ager
Agenda Item