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The amendments shown above are reflected in the attached excerpts of the 2014 Financial Statements <br />30 <br />(unaudited). The amendments have been incorporated in the column marked ‘final’ budget. <br />31 <br />PO <br />OLICYBJECTIVE <br />32 <br />Where applicable, budget amendments are made to comply with State Statutes. <br />33 <br />FI <br />INANCIALMPACTS <br />34 <br />There are no current year financial impacts. The budget amendments are necessary to demonstrate that <br />35 <br />previously incurred expenditures are within the adopted budget. Any changes in expected expenditure <br />36 <br />trends are incorporated into future budgets. <br />37 <br />SR <br />TAFF ECOMMENDATION <br />38 <br />Staff has prepared the requested budget amendments and considers them reasonable, within an expected <br />39 <br />range of adjustment, and in accordance with all applicable State Statutes. It is recommended that the <br />40 <br />budget amendments be approved. The City’s Auditors are tentatively scheduled to make a formal <br />41 <br />presentation on the 2014 financial statements at the April 20, 2015 Council Meeting. <br />42 <br />RCA <br />EQUESTEDOUNCILCTION <br />43 <br />Motion to approve the year-end amendments to the 2014 Budget. <br />44 <br />45 <br />Prepared by: Chris Miller, Finance Director <br />Attachments: A: Excerpts of the 2014 financial statements (unaudited) <br />46 <br />Page 2 of 2 <br />