City Council

11. Fiscal Year 2022-2023: Third Quarter Budget Update and Appropriation Requests Department(s): Finance and Management Services Recommended Action: 1. Receive and file the fiscal year 2022-2023: Third Quarter Budget Update. 2. Approve the recommended appropriation adjustments with a net General Fund impact of $1,784,000 ($1,500,000 for Business Interruption Grant, $3,900,000 for Main Library Transformation and Newhope Library Tenant Improvement, and reduction of $3,616,000 transfer from General Fund to the Cannabis Public Benefit Fund) (requires five affirmative votes).