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Agenda Report <br />Fullerton City Council <br />MEETING DATE:OCTOBER 1, 2019 <br />TO:CITY COUNCIL / SUCCESSOR AGENCY <br />FROM:KENNETH A. DOMER, CITY MANAGER <br />PREPARED BY:ELLIS CHANG, DIRECTOR OF ADMINISTRATIVE <br />SERVICES <br />SUBJECT:FINANCIAL AND TREASURER’S REPORT FOR FISCAL <br />YEAR ENDED JUNE 30, 2019 <br />SUMMARY <br />This report provides a preliminary review of the City’s unaudited financial position for the <br />fourth quarter of Fiscal Year 2018-19 and includes the Treasurer’s Report for the same <br />period. Final amendments to the FY 2018-19 budget are being proposed prior to final <br />closing of the books for the fiscal year. The preliminary unaudited information is subject <br />to adjustment during the audit process. <br />RECOMMENDATION <br />1.Adopt Resolution No. 2019-XX. <br />RESOLUTION NO. 2019-XX –A RESOLUTION OF THE CITY COUNCIL OF THE <br />CITY OF FULLERTON, CALIFORNIA, APPROVING PROPOSED AMENDMENTS <br />TO THE ANNUAL BUDGET FOR FISCAL YEAR 2018-19 <br />2.Receive and file the Financial and Treasurer’s Reports. <br />BUDGET POLICY PRIORITY STATEMENT <br />This item matches the following Budget Policy Priority Statement: <br />Fiscal and Organizational Stability. <br />FISCAL IMPACT <br />Amendments proposed in this report will increase budget appropriations by $982,838 for <br />a total FY 2018-19 budget appropriation of $291,122,984. Actual expenditures are <br />projected to total $201,915,575. The difference between the total appropriations and