City Council

Item 203: Fiscal Year 2024 Mid-Year Budget Monitoring Report.\nThis item will be considered in the afternoon session which is scheduled to begin at\n2:00 p.m.\nTotal Estimated Cost of Proposed Action and Funding Source:\nSee attached Fiscal Year 2024 Mid-Year Budget Monitoring Report.\nCouncil District(s) Affected: Citywide.\nProposed Actions:\n(R-2024-355)\nResolution amending appropriations in the Fiscal Year 2024 Budget in accordance with\nrecommendations in the Fiscal Year 2024 Mid-Year Budget Monitoring Report.\nCommittee Actions Taken:\nThis item was heard at the Budget and Government Efficiency Committee meeting on\nFebruary 7, 2024.\nACTION: Motion by Vice Chair Moreno, second by Committee Member LaCava, to\nrecommend Council approval of staff’s proposed actions with the request that prior to this\nitem being considered at the City Council, the Department of Finance, the IBA and the\nHousing Commission work together to provide:\na. The most up-to-date projections on how much of the $2.25 million approved by\nthe Housing Authority will be utilized to house flood victims;\nb. A projection of how the requested $10 million mid-year appropriation will be\nused.\nVOTE: 4-0; Lee-yea, Moreno-yea, Elo-Rivera-yea, LaCava-yea.\nDepartment of Finance: Christopher Purcell, (619) 236-6775\nCity Attorney Contact: Bret A. Bartolotta