Report to Mayor and City Council
Tuesday, September 17, 2024
Consent
SUBJECT:
Title
FISCAL YEAR 2023-2024 YEAR-END CONTINUING APPROPRIATIONS (CITY COUNCIL)
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I. SUMMARY
At the close of each fiscal year, the staff compiles a list of budgeted appropriations recommended for carryover into the next fiscal year. This list, known as the Proposed Continuing Appropriations (Exhibit No. 1: Capital Improvement Projects; Exhibit No. 2: General Fund and Non-Departmental, Exhibit No. 3: Special Revenues), highlights Capital Projects that are either incomplete or have experienced delays, grants, as well as invoices for services provided during the last fiscal year but received after the year-end close. In some instances, the unspent budget from the previous year must be carried forward to ensure funding for the project's completion.
The primary purpose of this report is to request continuing appropriations for a variety of projects from every department. There is no fiscal impact associated with the request.
II. RECOMMENDATION
Recommendation
Waive further reading and adopt:
1. RESOLUTION NO. 24-085, A RESOLUTION OF THE CITY OF CARSON CITY COUNCIL AMENDING THE FISCAL YEAR 2023-2024 BUDGET TO CONTINUE UNSPENT APPROPRIATIONS TO FISCAL YEAR 2024-2025; and
2. RESOLUTION NO. 24-086, A RESOLUTION OF THE CITY OF CARSON CITY COUNCIL AMENDING THE FISCAL YEAR 2024-2025 BUDGET TO CONTINUE UNSPENT APPROPRIATIONS FROM FISCAL YEAR 2023-2024.
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III. ALTERNATIVES
TAKE another action the City Council deems appropriate.
IV. BACKGROUND
The staff has established a carryover review process where departments are required to submit justification and funding sources for any unencumbered, available funds they wish to carry over. The final list of continued appropriations, outlined in Exhibit No. 1 (Capital Improvement Projects), Exhibit No. 2 (General Fund), and Exhibit No. 3 (Special Revenues), is adopted by the City Council in September and becomes part of the City's Fis...
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