HomeMy WebLinkAbout1992-07-07; City Council; 11775; State budget updateOF CARLSBAD - AGE -z::,
AB # 11!77 5
MTG. 7/7/92
DEPT. t TITLE:
CITY Mc DEPT. CM
CITY A1 UPDATE ON THE STATE BUDGET
RECOMMENDED ACTION:
Accept the staff report, and if necessary, direct staff to return with
recommendations related to amending the City's Operating and/or Capital
Budgets.
ITEM EXPLANATION:
As the State of California continues to struggle with the challenges of balancing
their budget, the basic fiscal systems that support local government are under
attack. At this meeting the staff will present a short oral report to Council on the
current situation in Sacramento and how the most recent budget balancing
proposals affect the City of Carlsbad.
After hearing the staffs report, the Council may choose to accept the report with
no action, or direct the staff to return with further recommendations, information
or alternatives related to necessary budget actions.
I EXHIBITS:
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None
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