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Date: November 12, 2024 Item: 9 <br />Presenter: Maggie Jin, Finance Director <br />Section: Consent Agenda <br /> <br />Title: 2024 Fund Transfers <br /> <br /> <br />1.Purpose: <br />The purpose of this action item is to approve 2024 transfers. <br />2.Background: <br />Transfers between city funds require the approval of City Council. Transfers occur for a variety of <br />reasons, including financing city projects, repaying debt, covering unanticipated operating <br />expenditures or reimbursing revenue and expenditures coded incorrectly. The transfers are <br />included in Exhibit A with details. <br />3.Staff Recommendation: <br />Staff recommends approval of the 2024 Transfers as presented. <br />AGENDA ITEM <br /> <br /> <br /> <br /> <br /> <br />COUNCIL ACTION REQUESTED <br />Motion to approve the 2024 Transfers as presented on the attached exhibit. <br />Exhibits <br />Exhibit A. 2024 Transfer <br />72