Title
Consider adopting Ordinance No. 3306 amending the City's Operating and Capital Improvement Program Budget for the 2013-14 fiscal year and take appropriate action.
Body
DISCUSSION:
Ordinance No. 3306 amends the 2013-14 fiscal year operating and capital budget to a level that is consistent with the City's most current estimate of revenues and expenditures.
This ordinance supports Core Value No. 7 (Fiscally Sound Government).
RECOMMENDATION:
City Administration recommends the adoption of Ordinance No. 3306 amending the 2013-14 fiscal year operating and capital improvement budget.
ACTIONS:
1) Motion to adopt Ordinance No. 3306 amending the City's Operating and Capital Improvement Program Budget for the 2013-14 fiscal year.
2) Motion to deny Ordinance No. 3306 amending the City's Operating and Capital Improvement Program Budget for the 2013-14 fiscal year.
3) Motion to modify Ordinance No. 3306 to meet the needs of the Council.
4) Motion to table the issue for further study or take no action.
ATTACHMENTS:
1. Information Memorandum
2. Ordinance No. 3306, including Exhibit I