Skip to main content
Murrieta CA Logo
CITY OF
MURRIETA
File #: 24-607    Version: 1
Type: Discussion Status: Agenda Ready
File created: 4/11/2024 In control: City Council
On agenda: 5/7/2024 Final action:
Effective date:    
Title: Fiscal Year 2023/24 Third Quarter Financial Status Report and Proposed Budget Adjustments
Attachments: 1. ATT 1 - FY202324 Third Quarter Budget to Actual Report - Citywide and Major Funds, 2. ATT 2 - FY202324 Third Quarter Budget to Actual Report - All Funds, 3. ATT 3 - FY202324 Third Quarter Proposed Budget Adjustments, 4. ATT 4 - Fund Balances for All Funds (Estimated), 5. ATT 5 - Updated Fiscal Year 202324 Authorized Position List, 6. ATT 6 - Received After Agenda Printed - FY24 Third Quarter Budget Update Presentation
TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL

FROM: Javier Carcamo, Finance Director

PREPARED BY: Geovanny Calvopina, Financial Analyst

SUBJECT:
title
Fiscal Year 2023/24 Third Quarter Financial Status Report and Proposed Budget Adjustments
end


RECOMMENDATION
recommendation
Receive and discuss the staff report;

Amend the Fiscal Year 2023/24 Operating Budget as defined in the Fiscal Year 2023/24 Third Quarter Proposed Budget Amendments;

Amend the Fiscal Year 2023/24 Capital Budget as defined in the Fiscal Year 2023/24 Third Quarter Proposed Budget Amendments for project 21034; and

Approve the Updated Schedule of Authorized Positions List.

body
PRIOR ACTION/VOTE
On June 6, 2023, the City Council, and the Boards of Directors of the Murrieta Fire District (MFD), Community Services District (CSD), Murrieta Library District (MLD), and Housing Authority (MHA), and the City Council acting as Successor to the Redevelopment Agency (RSA), adopted a series of Resolution Nos. (23-4671, MFD 23-219, CSD 23-276, MLB 23-17, RSA 23-29, and MHA 23-43) approving the Operating Budgets for Fiscal Years (FY 2023/24 and 2024/25
(Vote: 4-0-1).1

On November 21, 2023, the City Council, and the Boards of Directors of the MFD, CSD, MLD, MHA, and the RSA approved the Fiscal Year 2023/24 Operating and Capital Budget First Quarter Budget Adjustments (Vote: 5-0).

On December 5, 2023, the City Council, and the Boards of Directors of the MFD, CSD, MLD, MHA, and the RSA approved the Fiscal Year 2022/23 Year End Report and Carryover Appropriations to FY 2023/24 (Vote: 5-0).

On March 5, 2024, the City Council, and the Boards of Directors of the MFD, CSD, MLD, MHA, and the RSA approved the Fiscal Year 2023/24 Second Quarter Financial Status Report
(Vote: 5-0).


CITY COUNCIL GOAL
Maintain a high performing organization that values fiscal sustainability, transparency, accountability and organizational efficiency.

BACKGROUND
The City of Murrieta (City) adopts a bi...

Click here for full text