SUBJECT: Approval of a Fiscal Year 2024-25 Supplemental Appropriation from the Unencumbered, Unreserved Fund Balance of Fund 1020-Affordable Housing in the Amount of $218,000 and Transferring to Fund 2500-Housing Administration REPORT IN BRIEF Staff is requesting a Fiscal Year 2024-25 supplemental appropriation from the unencumbered, unreserved fund balance of Fund 1020-Affordable Housing Fund in the amount of $218,000 and transferring to Fund 2500-Housing Administration to cover the shortfall due to staff administration of several projects. RECOMMENDATION City Council - Adopt a motion approving a Fiscal Year 2024-25 supplemental appropriation from the unencumbered, unreserved fund balance of Fund 1020-Affordable Housing in the amount of $218,000 and transferring to Fund 2500-Housing Administration.

Action Items Agenda Ready Introduced October 30, 2025

Committee: City Council/Public Finance and Economic Development Authority/Parking Authority
Introduced: October 30, 2025
On agenda: November 17, 2025
Passed: November 17, 2025

Where it was heard