REQUEST FOR CITY COUNCIL ACTION
DATE: 08/07/2024
TO: Honorable Mayor and City Council Members
FROM: Finance Department
SUBJECT:
Title
FISCAL YEAR 2024 QUARTER 4 BUDGETARY ADJUSTMENTS
End
EXECUTIVE SUMMARY:
This staff report asks the Council to consider budgetary adjustments for Fiscal Year 2024, based on the Quarter 4 results and staff recommendations for funding level changes. On a quarterly basis, staff presents an update to the City Council on the current fiscal year revenue and expenditures. As part of the process, departments review the operating and capital improvement project funding levels and provide recommendations for budgetary adjustments. For Quarter 4, staff recommends appropriating $2,368,141 as noted in Exhibit 1.
RECOMMENDED ACTION:
Recommended action
That the City Council:
a. Appropriate up to $2,368,141 from multiple funds as noted in Exhibit 1 - Appropriations, Estimated Revenues, and Transfers.
b. Authorize the City Manager, or his designee, to issue a Change Order to L.N. Curtis & Sons' Blanket Purchase Order (B240985) in the amount of $93,000 for a total purchase order amount of $378,000 for Fiscal Year 2024 and approve a purchase order by the same amount for Fiscal Year 2025 for the purchase of public safety equipment.
c. Approve and authorize the City Manager, or his designee, to execute the First Amendment to the Maintenance/General Services Agreement with Wach Water Services (Wachs) and increase total compensation to $650,000 for the Water System Distribution Valve and Hydrant Assessment, Testing and Information Management Program.
i. Authorize the City Manager, or his designee, to issue a Change Order to Wach Water Services' Blank Purchase Order (B240822) in the amount of $100,000 for a total Purchase Order amount of $650,000.
d. Approve and authorize the City Manager, or his designee, to execute the Sixth Amendment to the Maintenance/General Services Agreement with Rockey Murata Landscape Maintenance Service...
Click here for full text