Laserfiche WebLink
qy A~~~ <br />city of Pleasanton <br />STAFF REPORT <br />12 <br />November 5, 1991 <br />Finance Department <br />SIIBJECT: 1990-91 Financial Report <br />STAFF RECOlrII~SENDATION: <br />Staff recommends that Council take the following <br />actions: <br />1. Approve the budget carryovers detailed in <br />Appendix D. <br />2. Establish the Specially Designated Reserves as <br />detailed in Appendix B. <br />3. Fully appropriate all balances to contingency <br />reserves designated for existing and future, <br />known and unknown obligations. <br />4. Authorize the Director of Finance to disburse <br />up to $1,000,000 towards progress payments on <br />the Harvest Park Gym, from either the General <br />Fund Reserve or from 1991 COP proceeds, as <br />• appropriate. <br />5. Amend the 1990-91 Sewer Maintenance and <br />Operating Budget. to reflect actual results as <br />shown in Appendix C. <br />SIIl~IIdARY: Annually staff presents a year end financial report <br />to the City Council giving the status of the City's <br />funds, and recommending various actions regarding <br />budget carryovers, amendments, reserves, etc. The <br />following report describes the results of the 1990- <br />91 financial year and its impact on the current <br />year (1991-92). <br />SR 91:448 <br />1 <br />