City Council

I. Consideration and possible action regarding the Fiscal Year (FY) 2022-23 Year-End Draft (Unaudited) Financial Report and the FY 2023-24 First Quarter Report. (Loya) Recommendation: 1) Receive and file the FY 2022-23 Year-End Draft (Unaudited) Financial Report; 2) Approve the Purchase Order Carryover Schedule of $6,685,959 from FY 2022-23 to FY 2023-24, thereby, approving the following: a. Decreasing FY 2022-23 Final Budget for the following: $747,442 (General Fund), $19,557 (Gas Tax), $296,936 (Proposition C), $104,595 (Measure R), $383,163 (Measure M), $11,968 (Ab Cove Sewer), $4,399,781 (Capital Infrastructure Program), $126,973 (State Grant), $390,832 (Federal Grants - ARPA), $203,402 (Quimby), $1,310 (Measure W); and b. Increasing FY 2023-24 Adopted Budget for the same amounts listed in 2(a). 3) Approve Continuing Appropriations of $5,961,931 from FY 2022-23 to FY a. Decreasing FY 2022-23 Final Budget for the following: $107,400 (General Fund), $83,680 (Gas Tax), $240,00 (1911 Act), $203,382 (Prop C), $74,625 (Measure R), $15,900 (Subregion One), $4,000 (Ab Cove Sewer), $120,513 (CDBG), $2,386,802 (Capital Infrastructure Program), $2,479,095 (Federal Grants - ARPA), $224,533 (Quimby), $22,000 (IA Abalone Cove); and, b. Increasing FY 2023-24 Adopted Budget for the same amounts listed in 2(a). 4) Receive and file the FY 2022-23 First Quarter Financial Report. Agenda Report