A discussion of the city's mid year budget report
- There are a few items that require additional appropriations during FY19
- As part of the budget and finance sub-committee, we recommended designating $100,000 of the $181,500 surplus from FY18 to the Pension Rate Stabilization Fund as a buffer to major fluctuations in the CalPERS employer pension rates
If you have any thoughts or questions on any of these items, please comment or contact me and I'll do my best to respond or find out more and report back.