Title
Financial Update & Mid-Year Financial Review of 2017 Capital Program
Executive Summary: Staff will present an updated General Fund Five Year Plan and a status report on 2017 capital purchases and projects for all departments.
Body
Legislative History
None.
Purpose & Explanation
The purpose of the presentation and discussion is to update Council on the current financial status of the General Fund. Included in the Council information is an updated Five Year Plan along with an explanation of key changes/assumptions to the original Plan. There is also a separate summary of the status of capital expenses for all departments.
Timing Considerations
None.
Fiscal Impact
Currently Budgeted
Supplemental Appropriation Required
X Appropriation Not Required.
Recommendation
Suggested Action
No formal action necessary.
Submitted by,
Jane Howington, City Manager
Jeff Knoblauch, Finance Director