File #: 2025-6734    Name:
Type: Presentation Status: Filed
File created: 1/22/2025 In control: Finance and Budget Committee
On agenda: 2/3/2025 Final action: 2/3/2025
Title: Presentation: FY24 General Fund Unallocated Fund Balance Projects
Sponsors: Administration
Attachments: 1. General Fund Balance, 2. Presentation, 3. New Fund Balance

Title

Presentation: FY24 General Fund Unallocated Fund Balance Projects

 

Body

Issue/Request:

Presentation and discussion of proposed projects investing portions of the FY24 General Fund Unallocated Fund Balance.

 

Key Issues:

The FY24 Audit is complete and the final General Fund balance has been identified.  Accounting for committed, assigned, and a 35% reserve balance, the unallocated amount has been determined.  Per the Fund General Fund balance policy the City Manager is bringing forth one-time projects that the money can be invested.

 

Presenter

Mark Dunning, City Manager