City Council

B. Mid-Year General Fund Budget Review and Financial Update for Fiscal Year\n2022-23 (Finance)\nThis report provides the Council with a review of Mid-Year General Fund budget for\nthe Fiscal Year 2022-23 and a projection for the fiscal year ending June 30, 2023.\nThe mid-year report represents a snapshot in time and reflects recorded information\nthrough December 31, 2022, or six months of the fiscal year, and projections for\nFiscal Year 2022-23. It will provide the City Council with an update on the financial\nstatus of the City’s General Fund at mid-year, and projection of Fiscal Year 2022-23.\nRecommendation:\n1. Review the Mid-year General Fund budget for the Fiscal Year 2022-23, and\nprojection for the Fiscal Year ending June 30, 2023; and,\n2. Provide direction and comments.