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CITY OF CENTERVILLE <br />REQUEST FOR <br />COUNCIL ACTION <br />c� ` v e, <br />tu <br />Agenda Item # <br />Department: <br />Requested Council Meeting Date: <br />Administration <br />July 8, 2020 <br />TITLE OF ISSUE: <br />Resolution Amending the Fund Balance Policy <br />BACKGROUND AND SUPPLEMENTAL INFORMATION: <br />Staff has prepared an amendment to the Fund Balance policy based on the City Council work session discussion <br />in June. The new policy language includes anticipated transfers in the amount to be used for calculation of fund <br />balance. <br />COST AND SOURCE(S) OF FUNDING: <br />None <br />REQUESTED COUNCIL ACTION: <br />Staff recommends that the City Council make a motion to approve the Resolution Amending the Fund Balance <br />Policy. <br />For Clerk's Use: <br />SUPPORTED DOCUMENTS ATTACHED <br />Motion By: <br />Resolution Ordinance Contract Minutes Plan Map <br />Second By: <br />X <br />Vote Record: Ave Nay <br />Lakso <br />Love <br />Paar <br />Koski <br />Other (specify) Amended Language Markup <br />Montain <br />Administration Department Use: <br />Consent <br />Refer to: <br />Tabled Until: <br />Regular <br />Other: <br />