City Council

11.\nFiscal Year 2022-2023: Third Quarter Budget Update and Appropriation Requests\nDepartment(s): Finance and Management Services\nRecommended Action: 1. Receive and file the fiscal year 2022-2023: Third Quarter\nBudget Update.\n2. Approve the recommended appropriation adjustments with a net General Fund\nimpact of $1,784,000 ($1,500,000 for Business Interruption Grant, $3,900,000 for\nMain Library Transformation and Newhope Library Tenant Improvement, and reduction\nof $3,616,000 transfer from General Fund to the Cannabis Public Benefit\nFund) (requires five affirmative votes).