DATE: February 18, 2025
TO: Honorable Mayor and City Council
FROM: Henry Chen, Administrative Services Director
SUBJECT: PRESENTATION OF THE GENERAL FUND FISCAL YEAR 2023-24 YEAR ENDING RESULT AND FISCAL YEAR 2024-25 MID-YEAR
BUDGET REVIEW
CEQA: Not a Project
Recommendation: Receive and File
SUMMARY
A presentation will be provided during the February 18, 2025, City Council Meeting, providing a review of the General Fund Fiscal Year 2023-24 year ending result and Fiscal Year 2024-25 Mid-Year Budget status. No modifications are requested to the Adopted General Fund Budget at this time.
ENVIRONMENTAL ANALYSIS
The proposed action does not constitute a project under the California Environmental Quality Act (“CEQA”), under Section 15061(b)(3) of the CEQA Guidelines, as it can be seen with certainty that it will have no impact on the environment.
FISCAL IMPACT
There is no fiscal impact to the City as a result of this presentation. At this time, no adjustments are requested to the adopted Fiscal Year 2024-25 General Fund Budget.
RECOMMENDATION
It is recommended that the City Council determine that this action does not constitute a project under the California Environmental Quality Act (“CEQA”); and receive and file the Fiscal Year 2023-24 year ending result and Fiscal Year 2024-25 Mid-Year Budget status presentation.
FY 2024-25 Mid-Year Budget Review
February 18, 2025