HomeMy WebLinkAboutAgenda Report - June 2, 2009 B-01 SMAGENDA ITEM B-01
AIML CITY OF LODI
%V COUNCIL COMMUNICATION
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AGENDATITLE: Continue to Receive and Review the Draft Fiscal Year 2009-10 Financial Plan and
Budget
MEETING DATE: June 2,2009
PREPARED BY: City Manager
RECOMMENDED ACTION: Continue to receive and review the draft Fiscal Year 2009-10
Financial Plan and Budget.
BACKGROUND INFORMATION: The review of the draft 2009-10 budgetwill continue. City Council
Members were previously given copies of the 2009-10 draft budget
and are encouraged to bring the budget document to the meeting.
FISCAL IMPACT: The draft 2009-10 budget provides an expenditure plan for all funds. The
all funds budget is $170,270,700, a decrease of $16.8 million, or 9% %
from the previous year, and a two-year decline of approximately
$43.4 million. The General Fund Budget is $39,870,900, $2.4 million less than the previous year and
$5.8 million less than two years ago.
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Blair King C�
City Manager
APPROVED: /�
Blair King Manager