AGENDA BILL 2010-06-14-04
Subject: Resolution No. 2010- 23 - Committing revenues pursuant to new pronouncement from the Government Accounting Standards Board (GASB)
For Council: June 14, 2010
Land Use Case Number: n/a
Public Hearing: No
Memorandum to the City Manager from Finance Director Richard Seals
Resolution No. 2010-23 committing revenues to special revenue funds pursuant to GASB 54
Citizens’ Budget Committee
Already included in the Adopted 2010-2011 Biennial Budget
Sustainability Impact: None
Policy Question for Council Consideration:
Should the Council continue the fund structures as adopted in the 2010-2011 Biennial Budget?
Recommended Action: Resolution to Consider:
Resolution committing revenues to be accounted for in special revenue funds, categorizes fund balances, and establishes policies pursuant to GASB 54.