Title
FISCAL YEAR 2020-21 THIRD QUARTER FINANCIAL REPORT
Recommendation
Recommendation:
1. Receive and file Fiscal Year 2020-21 Third Quarter Financial Report.
2. Authorize City Manager, or designee, to effectuate any budget amendments and transfers necessary to ensure budget and accounting compliance in preparing the Fiscal Year 2020-21 audit and financial statements.
3. Approve the creation of new special revenue funds, Fund 28-SB2 Permanent Local Housing Allocation (PLHA) and Fund 38-American Rescue Plan Act (ARPA), to properly account and maintain accurate grant records to ensure grant compliance and authorize related grant funds appropriations received in FY 2020-21.