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CC 05-19-2020 Item No. 19 Third Quarter Financial Report_Staff PresentationFISCAL YEAR 2019-20THIRD QUARTER FINANCIAL REPORTCC 05-19-2020 Item No. 19 Third Quarter Recommended Adjustments by Department and FundFund GL Account Expense Revenue Fund Balance GENERAL FUND100 General Fund 100‐90‐001‐421‐401‐$                10,000,000$    10,000,000$       TOTAL GENERAL FUND‐$                10,000,000$    10,000,000$       CAPITAL PROJECT FUNDS429 Capital Reserve 429‐90‐001‐800‐902 10,000,000$     ‐$                (10,000,000)$      TOTAL CAPITAL PROJECT FUNDS 10,000,000$     ‐$                (10,000,000)$      TOTAL ALL FUNDS 10,000,000$    10,000,000$     ‐$                    •Accept the City Manager’s Third Quarter Financial Report for Fiscal Year 2019-20•Adopt a draft resolution approving Third Quarter budget adjustmentsRecommendations Next Steps●FY 2020-21●Proposed Budget Study Session May 19, 2020●First Quarter Report to Council Nov. 2020 Questions