Title
Consider an ordinance adopting Amendment No. 1 to the FY 2012-2013 Operating Budget. (Second Reading)
Body
This budget amendment addresses items which affect the current FY 2013 General Fund and Utility Fund Operating budget. During the budget process, the City budgeted funding for an employee compensation and classification study for FY 2013. This amendment allocates the funding determined by the study to the appropriate departments in both the General Fund and the Utility Fund.
Also included in this amendment is the reallocation of funds to cover the projected legal expenditures for the fiscal year. This amendment also reduces the amount anticipated to be received from a County reimbursement, allocates funding to repair a fence damaged in the previous fiscal year, and recognizes the final expenditures and grant funding received through the UASI grant.
Cost: 0.00
Source of Funds: General and Utility Funds - budget adjustment
Recommended Action
Staff recommends adopting this amendment.