Monterey Park
City Council
3-D. FY 2022-2023 MID-YEAR FINANCIAL REPORT
It is recommended that the City Council consider:
(1) Receiving and filing the FY 2022-2023 Mid-Year Financial Report;
(2) Authorizing the increase of Committed Catastrophic-Event by up to $500 thousand from
$4.84 million to up to $5.34 million;
(3) Authorizing an additional budget appropriation of $1,088,719 from American Rescue Plan
Act, Water and Sewer funds; and
(4) Taking such additional, related, action that may be desirable.