City Council

15. Annual Comprehensive Financial Report, Fiscal Year Ending June 30, 2024,\nand Fiscal Year 2023-24 General Fund Year-End Results. (700)\nRecommendation:\n1. Receive and file the Annual Comprehensive Financial Report (ACFR), fiscal\nyear (FY) ending June 30, 2024;\n2. Approve Budget Transfers that allocate the FY 2023-24 Unassigned General\nFund Balance of $290,674 to cover negative fund balance and;\n3. Approve the allocation of the remaining FY 2023-24 Unassigned General Fund\nbalance of $1,167,302 toward the various park kitchen and concession\nequipment replacement, emergency repair for the Washington Boulevard\nBridge over the Rio Hondo Channel, Health and Wellness programs, and\nSection 115 Pension Plan.