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THE CITY OF 07 <br /> CITY COUNCIL AGENDA REPORT <br /> pL£ASANTONa <br /> November 15, 2011 <br /> Finance <br /> TITLE: ACCEPT THE 2011-12FY FIRST QUARTER FINANCIAL REPORT <br /> SUMMARY <br /> The First Quarter Financial Report encompasses the first three months of the 2011- <br /> 12FY from July 1 through September 30, 2011. No changes are recommended to the <br /> 2011-12FY Budget at this time. Any changes will come forward to the Council for their <br /> consideration in March 2012 when the 2011-12FY Midyear Budget Review is presented <br /> to Council. <br /> RECOMMENDATION <br /> This is an informational item and no City Council action is being recommended other <br /> than accepting the 2011-12FY First Quarter Financial report. <br /> FINANCIAL STATEMENT <br /> Year to date financial information is included in the attached report. <br />