Title
Oral Report - Review and Discuss 2019 Year-End General Fund Financial Position
Recommended Action
Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Review and discuss the 2019 year-end General Fund financial position and direct staff to prepare an ordinance appropriating available fund balance above the Emergency and Budget Stabilization Reserve requirements.
Report
Issue:
Whether to review and discuss the 2019 year-end General Fund financial position and direct staff to prepare an ordinance appropriating available fund balance above the Emergency and Budget Stabilization Reserve requirements.
Staff Contact:
Debbie Sullivan, Administrative Services Director, 360.753.8499
Presenter(s):
Debbie Sullivan, Administrative Services Director
Jay Burney, Interim City Manager
Background and Analysis:
Staff will provide Finance Committee with a report of the City’s 2019 year-end General Fund financial position. Staff will present and discuss the Interim City Manager’s recommendation for appropriating available fund balance above the Emergency and Budget Stabilization requirements. The recommendation will be based on 2019 Operating and Capital budget discussions.
Attachments:
None