HomeMy WebLinkAbout2004 01 12 Informational 304011204_COMM_Informational_304_Preliminary_Audit_Figures
COMMISSION AGENDA
ITEM 304
January 12, 2004
Meeting
Consent
Information
X
Public Hearin
Regular
MGR. f/Dept.
REQUEST: City Manager advising the Commission of the preliminary audit figures related to
the General Fund fund balance for year ending September 30, 2003.
PURPOSE: This agenda item is needed to advise the Commission of preliminary audited
figures related to General Fund fund balance for year ending September 30, 2003 as shown in the
FY 04 budget.
CONSIDERATIONS: Preliminary audit figures indicate that the year ending fund balance for
the General Fund will be $524,521 higher than projected in the FY 04 budget as follows:
Budget FY 03
Ending Fund
Balance
$4,171,684
FUNDING: N/A
RECOMMENDATIONS: N/A
ATTACHMENTS:
COMMISSION ACTION:
Preliminary Audit
FY 03
Ending Fund Balance
$4,696,205
+ $524,521