Downey
City Council
Agenda Item 10
10. MID - YEAR BUDGET PERFORMANCE REVIEW: Finance.\nTHAT THE CITY COUNCIL:\n1) RECEIVE AND FILE THE MID -YEAR BUDGET PERFORMANCE REVIEW FOR THE 6-\nMONTH PERIOD ENDING DECEMBER 31, 2024, WHICH REPRESENTS THE\nBALANCES AND ACTIVITY FOR THE FIRST AND SECOND QUARTERS OF FISCAL\nYEAR 2024- 2025;\n2) APPROVE A REVENUE INCREASE OF $ 3, 888, 786 TO THE GENERAL FUND FY 2024-\n2025 BUDGET; AND,\n3) APPROVE AN APPROPRIATION INCREASE OF $ 2, 735, 403 TO THE GENERAL FUND\nFY 2024- 2025 BUDGET.