Camarillo City Council
AGENDA REPORT
Date: January 24, 2024
To: Honorable Mayor and City Councilmembers
From: Greg Ramirez, City Manager
Submitted by: Mark Uribe, Finance Director
Subject: Revenue & Expenditure Report for December 2023
BACKGROUND
Pursuant to the City’s Fiscal Management Policy, 3.01, a monthly Revenue and Expenditure Report detailing the City’s financial status including revenues, expenditures, transfers in/out, and the current fund balance/net position by Governmental and Proprietary Funds, will be provided to City Council for review.
DISCUSSION
The “Current Budget” column pertains to the current fiscal year budget that has been adopted and/or amended. The “Actual Year-to-Date” columns present the cumulative year to date revenues and expenditures for the current fiscal year and prior fiscal year.
And lastly, the “Variance with Prior Year” column calculates the net difference between the current fiscal year to date balance and the prior fiscal year to date balance. The report for December is preliminary due to the timing of when the report is prepared versus when the reporting month closes.
FISCAL IMPACT
There is no budget impact as a result of this action.
CEQA DETERMINATIONS
City staff has determined, in accordance with Section 15061(b)(3) of the California Environmental Quality Act (CEQA) Guidelines, that this report is not subject to CEQA review because it can be seen with certainty that there is no possibility that the report may have a significant effect on the environment.
RECOMMENDATION
Revenue & Expenditure Report of December 2023
January 24, 2024
1 6
8 6
Receive and file report.
ATTACHMENTS
1. Revenue & Expenditure Report of December 2023 - Preliminary REFERENCE MATERIALS – AVAILABLE FOR REVIEW AT CITY HALL None