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REQUEST FOR COUNCIL CONSIDERATION ITEM DESCRIPTION: Consideration of the Resolution Amending the 2016 General Fund Budget DEPARTMENT HEAD’S APPROVAL: Brenda Davitt CITY MANAGER’S APPROVAL: No comments to supplement this report ___ Comments attached ___ Recommendation: Adopt the Resolution Amending the 2016 General Fund Budget. Purpose: To improve the readability of the Annual Financial Report, small individual fund types, such as Parks Donations, Operating Grants, DUI & Drug Forfeitures, and General Projects, are combined into the General Fund. Legislative History: The City annually adopts budgets on the basis set forth by State Statute, and generally accepted accounting principles. Although the City adopts a budget, additional measures are necessary to show that all expenditures within the General Fund are within budget appropriations when presented in the annual financial statement. The year-end budget adjustments reflect the additional revenue and expenditures that are offset by unbudgeted grants, donations, or forfeitures. The following amendment to the 2016 General Fund Budget is submitted for Council consideration: The amendment shown above is reflected in the attached excerpt of the 2016 Financial Statement (unaudited). The amendment is incorporated in the column marked “final” budget. The City’s Auditors are tentatively scheduled to make a formal presentation on the 2016 financial statements at the May 9, 2017 Council Meeting. Financial Impact: There are no current year financial impacts. ____________________________________ Brenda Davitt, Director of Finance Attachments: Resolution Attachment Unaudited General Fund Budget to Actual Comparison Agenda Section: Consent Report Date March 23, 2017 Council Meeting Date March 28, 2017 Function Program Amount Public Safety DUI Forfeitures 8,000$ Public Safety Santa Cop 10,000 Public Safety Emergency Management 5,000 Public Safety Safe & Sober Grant 27,900 Total Revenues & Expenditures 50,900$