Chula Vista
City Council
Agenda Item 2
8.2\nFinancial Report and Appropriation: Accept the Quarterly Financial Report for the Quarter\nEnding March 31, 2025 (Third Quarter Report) and Appropriate Funds to Implement Required\nBudget Adjustments\nReport Number: 25-0139\nLocation: No specific geographic location\nDepartment: Finance\nG.C. § 84308 Regulations Apply: No\nEnvironmental Notice: The activity is not a "Project" as defined under Section 15378 of the\nCalifornia Environmental Quality Act State Guidelines. Therefore, pursuant to State Guidelines\nSection 15060(c)(3) no environmental review is required.\nRECOMMENDED ACTION:\nAccept the quarterly financial report for the quarter ended March 31, 2025 (the “Third Quarter\nReport”) and adopt a resolution making various amendments to the fiscal year 2024-25 budget\nand the fiscal year 2024-25 Capital Improvement Program budget to adjust for variances and\nappropriating funds for that purpose. (4/5 Vote Required)