City Council

3.\nReceive and File the Fiscal Year 2025-26 Third Quarter Financial Report and Approve\nBudget Adjustments\nPrepared by: Stephanie Sikkema, Director of Finance and Administrative Services\nRecommendation:\n1. Receive and file the Third Quarter Financial Report for Fiscal Year 2025-26; and\n2. Approve the following budget adjustments:\nIncrease General Fund (Fund 111) revenue by $30,000, for a positive net change of\n$30,000;\nIncrease Cypress Recreation and Park District General Fund (Fund 212) expenditures\nby $4,500; and\nIncrease Cypress Recreation and Park District Capital Replacement Fund (Fund 725)\nexpenditures by $36,000.