City Council

J. Consideration and possible action to regarding the Fiscal Year (FY) 2023-24 Year-End Draft (Unaudited) Financial Report. (Moya) Recommendation: 1) Receive and file the FY 2023-24 Year-End Draft (Unaudited) Financial Report; 2) Approve the Purchase Order Carryover Schedule of $4,470,004 from FY 2023-24 to FY 2024-25, thereby, approving the following: a. Decreasing FY 2023-24 Budget for the following: $725,942 (General Fund), $163,220 (Gas Tax), $25,737 (1911 Act Street Lighting), $130,000 (Proposition C), $95,113 (Measure R), $275,804 (Measure M), $4,100 (Subregion One Maintenance), $10,731 (Abalone Cove Sewer District), $17,853 (CDBG), $2,035,935 (CIP), $38,479 (State Grants), $310,901 (Federal Grants - ARPA), $74,059 (Quimby Park Development, $7,818 (Measure W), $554,314 (Equipment Replacement); and b. Increasing FY 2024-25 Adopted Budget for the same amounts listed in 2(a); and, 3) Approve Continuing Appropriations of $9,574,299 from FY 2023-24 to FY 2024-25, thereby, approving the following; a. Decreasing FY 2023-24 Budget for the following: $100,000 (General Fund), $181,000 (Proposition C), $485,472 (Measure M), $6,883,125 (CIP), $1,453,379 (Federal Grants - ARPA), $226,323 (Quimby), $245,000 (Measure W); and, b. Increasing FY 2024-25 Adopted Budget for the same amounts listed in 2(a). Agenda Report