City Council

16. SECOND QUARTER FINANCIAL REPORT AND MID-YEAR BUDGET\nAMENDMENTS FOR FISCAL YEAR 2023-24\nThe Second Quarter Financial Report (Q2 Report) presents City revenue performance\nand expenditures incurred July 1 through December 31, 2023 compared to adopted\nbudget levels, provides an update on the City’s financial position through the fiscal year\nmidpoint and presents Fiscal Year (FY) 2023-24 Mid-Year Budget Amendments.\nProposed Motion:\n1. Receive and file Second Quarter Financial Report for FY 2023-24.\n2. Approve FY 2023-24 Mid-Year Budget Amendments and authorize City Manager, or\ndesignee, to make amendments to the FY 2023-24 Adopted Budget.