HomeMy WebLinkAbout07/06/2011 7B i
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AGENDA BILL
CITY OF BREMERTON
CITY COUNCIL 713
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SUBJECT: Ordinance No 5IS,3 amending Study Session Date June 22, 2011
the 2011 Fiscal Year Budget COUNCIL MEETING Date July 6, 2011
Department Finance
Presenter Becky Hasart
Phone 360 -473 -5722
SUMMARY: Each year during June /July, the City assesses its current fiscal year budget for any
needed adjustments Adjustments tend to be needed for the following reasons to adjust the
estimated beginning fund balances to actual, to account for subsequent unanticipated /unexpected
conditions, to adjust for various Council motions /resolutions, etc The attached ordinance outlines
the various reasons for the current proposed budget adjustment
ATTACHMENTS: Proposed Ordinance to amend Ordinance 5133 adopting the 2011 Budget
Memo Items for Discussion — Mid Year Budget Adjustment
Detailed listing by Fund of the line item adjustments
FISCAL IMPACTS (Include Budgeted Amount) The net adjustment for all City funds for Fiscal year
2011 is $8,161,812
APPROVALS:
DEPARTMENT DIRECTOR
CITY ATTORNEY ,
FINANCE DIRECTOR
RECOMMENDED MOTION:
Move to approve Ordinance No amending Ordinance No 5133 relating to the City of
Bremerton Fiscal Year 2011 Budget
STUDY SESSION ACTION: ❑ o sent Age a General Business ❑ Public Hearing
COUNCIL PRESIDENT
COUNCIL ACTION: tj Approve ❑ Deny ❑ Table ❑ Continue ❑ No Action
Form Updated 4118/2011