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Finance Committee Agenda and Packet 2025 10 16
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Finance Committee Agenda and Packet 2025 10 16
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10/10/2025 11:25:28 AM
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City Council Records
Meeting Date
10/16/2025
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Boards Commissions Committees Records
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SUBJECT: <br />DATE: <br />RESOLUTION NO. _, SERIES 2025 <br />OCTOBER 21, 2025 <br />PAGE 2 OF 3 <br />*- Line item detail, including dates of Council's approval of the amendment, can be <br />found in Appendix A — Items Previously approved by Council <br />B. Adopt other Staff Recommended operating appropriation adjustments to 2025 <br />expenditures for golf pro shop sales and administrative entries. The total amount of <br />this portion of the expenditure amendment, broken out by fund is as follows; <br />a. Fund 206 — Parking Improvement Fund - $100 <br />b. Fund 520 — Golf - $50,000 <br />Total - $50,100 <br />*- Line item detail of this Section can be found in Appendix B <br />C. Adopt Sources/ Revenue adjustments to the 2025 Budget for Grant Awards, <br />unanticipated Parking In Leiu Fee, and Golf pro shop merchandise sales revenue. The <br />total amount of this portion of the amendment, broken out by fund is as follows; <br />a. Fund 101 — General - $108,000 <br />b. Fund 206 — Parking Improvement Fund - $94,100 <br />c. Fund 520 — Golf - $50,000 <br />Total - $252,100 <br />*- Line item detail of this Section can be found in Appendix C <br />SUMMARY OF ADJUSTMENTS SINCE THE OCTOBER 16th, FINANCE COMMITTEE <br />MEETING: <br />This item was presented and unanimously supported by the Finance Committee at their <br />October meeting. <br />No adjustments have been made to this item from the October Finance Committee <br />presentation. <br />2025 COUNCIL WORK PLAN: <br />Core Services — The budget amendment supports City work, including items on the 2025 <br />Council City Work Plan. <br />FISCAL IMPACT: <br />Budgeted?: Yes, once the amendment is approved. <br />The proposed budget amendment increases the City expenditure budget by $5,197,381, <br />offset by additional revenues in the amount of $252,100, for a net impact to all City funds <br />of $4,945,281. <br />CITY COUNCIL COMMUNICATION <br />46/73 <br />
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