City Council

17. Year-End Budget Results and Surplus Allocation\na) Determine this action is exempt from the California Environmental Quality Act\n(CEQA) pursuant to Sections 15060(c)(2) and 15060(c)(3) of the CEQA Guidelines\nbecause this action will not result in a physical change to the environment, directly or\nindirectly;\nb) Approve the one-time waiver of policy elements C and D of City Council Policy F-\n5 - General Fund Surplus Utilization;\nc) Approve Budget Amendment No. 25-027, allocating the unrestricted operating\nsurplus for Fiscal Year 2023-24; and\nd) Receive and file the report of the budget amendments for the fourth quarter.\nStaff Report\nAttachment A - Budget Amendment\nAttachment B - Fourth Quarter Budget Amendments