City Council

10D. Finance and Governmental Operations Committee – Accept and File Annual Comprehensive Financial\nReport for Fiscal Year Ended 2023-24, Accept and File Fiscal Year 2024-25 Mid-Year Budget Review\nReport, and Approve Proposed Program Modifications. Expenditure: None.\nRecommendation of the Finance and Governmental Operations Committee that City Council:\n1. Accept and file the Annual Comprehensive Financial Report for Fiscal Year Ended 2023-24; and\n2. Accept and file the Fiscal Year 2024-25 Mid-Year Budget Review Report; and\n3. Approve the proposed program modification in the Community Development Department’s fiscal year\n2024-25 General Fund operating budget; and\n4. Approve the proposed increase to the General Fund’s fiscal year 2024-25 operating revenue budget\nin the amount of $250,000; and\n5. Approve the proposed increase to the General Fund’s fiscal year 2024-25 operating expenditure\nbudget in the amount of $250,000; and\n6. Approve the proposed increase to the Airport Fund’s fiscal year 2024-25 operating revenue budget\nin the amount of $2,000,000; and\n7. Approve the proposed increase to the Airport Fund’s fiscal year 2024-25 operating expenditure\nbudget in the amount of $2,000,000; and\n8. Approve the proposed increase to the Water Fund’s fiscal year 2024-25 operating revenue budget in\nthe amount of $3,900,000; and\n9. Approve the proposed increase to the Water Fund’s fiscal year 2024-25 operating expenditure budget\nin the amount of $3,900,000.