City Council

D. FISCAL YEAR 2024-2025 BUDGET UPDATE AS OF DECEMBER 31, 2024, FOR\nTHE GENERAL FUND AND MISSION PLAYHOUSE FUND\nThe budget update incorporates the actual revenue received and expenditures\nthat have occurred through December 31, 2024, and projects the financial\nresults for the year ending on June 30, 2025. There is no fiscal impact related to\nthis item.\nCalifornia Environmental Quality Act (CEQA) Determination: Not a Project as\ndefined in Section 15378 of the State CEQA Guidelines.\nRecommended Action:\nStaff recommends that the City Council receive and file the report.