Bell

City Council

4. Mid-Year Budget Report for Fiscal Year 2024-2025. (City Council) Recommendation: It is recommended that the City Council read by title only, waive further reading and adopt Resolution 2025-11 titled: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BELL AUTHORIZING FISCAL YEAR 2024-25 BUDGET AMENDMENTS TO INCREASE GENERAL FUND REVENUES AND EXPENDITURES BY $1,258,802 AND AUTHORIZE A TRANSFER OF $564,002 FROM GENERAL FUND RESERVES TO GENERAL FUND OPERATING ACCOUNTS, AND TO RECONCILE FY24-25 CIP BUDGET BY $2.7 MILLION FOR PROJECT CLOSE OUT, DEFERREMENT AND ADDITION TO THE FY24-25 CIP PROJECTS