City Council

14. Long-Term Fiscal Status and Draft Fiscal Year 2023-24 Budget\nRecommendation that the City Council take the following actions:\n1. Receive the staff presentation on the Long-Term Fiscal Status Update;\n2. Receive an overview of the Draft Fiscal Year 2023-24 Budget and provide direction for\nadditional materials or information needed for the final budget to be presented on June\n6, 2023; and\n3. Transfer $3 million from General Fund Unreserved Fund Balance to Emergency\nReserve ($1.5 million) and General Fund Budget Reserve ($1.5 million) funds.