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THE CITY OF /� <br /> i { - --� CITY COUNCIL AGENDA REPORT L <br /> pL£ASANTONe <br /> January 4, 2011 <br /> Finance <br /> TITLE: ACCEPT THE 2010/11FY FIRST QUARTER FINANCIAL REPORT <br /> SUMMARY <br /> The First Quarter Financial Report encompasses the first three months of the <br /> 2010/11FY from July 2010 through September 2010. No changes are recommended to <br /> the 2010/11FY Budget at this time. Any changes will come forward to the Council for <br /> their consideration in March 2011 when the 2010/11FY Midyear Budget Review is <br /> presented to Council. <br /> RECOMMENDATION <br /> This is an informational itern and no City Council action is being recommended other <br /> than accepting the 2010/11FY First Quarter Financial report. <br /> FINANCIAL STATEMENT <br /> Year to date financial information is included in the attached report. <br />