Hermosa Beach

City Council

February 28, 2023 Order of Business 14 #A

Agenda Item A

a) Transfer $281,758 to the assigned fund balance for Contingencies in order to\nmaintain the City's target of 16 percent of appropriations for this fund (Attachment 5);\nmendation: Staff recommends City Council:\n1. Approve the revisions to estimated revenue, appropriations, budget transfers, and\nfund balances as shown herein and in the attached Revenue Detail Report, Additional\nAppropriations Report, Budget Transfers Report, and Budget Summary Report\n(Attachments 1, 2, 3, and 4);\n2. Approve the following transactions from the General Fund: