City Council

1.3 FISCAL YEAR 2025-26 SECOND QUARTER BUDGET UPDATE\nACTION:\n1) Receive and file the Fiscal Year 2025-26 Second Quarter Budget Update.\n2) Approve a budget adjustment to allocate $557,740 in revenues / transfers in\nand $627,740 of expenditures / transfers out for the Lunar New Year event,\nElderly Nutrition Program, March 2026 Women's Conference, and to complete\nthe budgeted closing of two Funds.\n1.3