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HomeMy WebLinkAbout08-15-16 CC Mtg - A2. Resolution 4710 Continuation - Budget Amendment Commission Memorandum REPORT TO: Honorable Mayor and City Commission FROM: Anna Rosenberry, Administrative Services Director SUBJECT: Commission Resolution No. 4710 – Amending the City’s Annual Budget to Include Items to be Funded with Property Tax Revenues that exceed our Budgeted Property Tax Estimates. MEETING DATE: August 15, 2016 AGENDA ITEM: Action RECOMMENDATION: Continue the public hearing and consideration of Commission Resolution No. 4710 – Amending the City’s Annual Budget to Include Items to be funded with Property Tax Revenues that exceed our Budgeted Property Tax Estimates to September 12, 2016. RECOMMENDED MOTION: I hereby continue the public hearing on Resolution 4710, Amending the City's Annual Budget to Include Items Funded with Property Tax Revenues that Exceed our Budgeted Property Tax Estimates, from August 15, 2016 to September 12, 2016. BACKGROUND: This Resolution is linked to the outcome and passage of Resolution No. 4709 - Setting Mill Levies for Fiscal Year 2016-2017 (FY17). Because Resolution No. 4709 will be continued to September 12, 2016, we recommend this resolution be continued to occur on the same night, after the adoption of Resolution No 4709. FISCAL EFFECTS: None at this time. ALTERNATIVES: None at this time. Attachment: none Report compiled on August 10, 2016 181