City Council

12. GENERAL FUND SURPLUS: APPROVAL OF FISCAL YEAR 2023-24 BUDGET CARRYFORWARD REQUESTS\nAND APPROPRIATION OF UNSPENT FUNDS TO BUDGET FOR FISCAL YEAR 2024-25 – 1) Adoption of a\nresolution approving the fiscal year 2023-24 budget carryforward requests and appropriation of funds\nto fiscal year 2024-25 and authorizing capital outlay purchases; and\n2) Adoption of a Carlsbad Municipal Water District Board of Directors resolution approving the\nCarlsbad Municipal Water District fiscal year 2023-24 budget carryforward requests and appropriation\nof funds to fiscal year 2024-25 and authorizing capital outlay purchases; and\n3) Adoption of a Carlsbad Public Financing Authority resolution approving the Carlsbad Public\nFinancing Authority fiscal year 2023-24 budget carryforward requests and appropriation of funds to\nfiscal year 2024-25 and authorizing capital outlay purchases; and\n4) Adoption of a resolution approving the restriction of General Fund reserves in fiscal year 2024-25 to fund the $7,500,000 contribution to the city’s Section 115 Pension Trust. (Staff contact: ZachKorach, Administrative Services Department)\nCity Manager’s Recommendation: Adopt the resolutions.