City of Long Beach - File #: 09-0945

• File #: 09-0945
• Version: 4
• Name: CAC - Rainy Day Fund
• Type: Agenda Item
• Status: Approved
• File created: 8/31/2009
• In control: Budget Oversight Committee
• On agenda: 8/10/2010
• Final action: 4/5/2011
• Title: Recommendation to City Council to concur in recommendation of the Charter Amendment Committee to refer to the Budget Oversight Committee for a broader conversation about the City's operating reserves the topic of creating a "Rainy Day" reserve in the City's budget.
• Sponsors: MAYOR BOB FOSTER, CHAIR, Charter Amendment Committee
• Indexes: Budget
• Related files: 11-0030

Date	Ver.	Action By	Action	Result
8/10/2010	4	City Council	approve recommendation and refer	Pass
7/26/2010	3	Charter Amendment Committee	recommend	Pass
9/22/2009	2	Charter Amendment Committee	laid over	Pass
9/8/2009	1	City Council	approve recommendation	Pass

TITLE

Recommendation to City Council to concur in recommendation of the Charter Amendment Committee to refer to the Budget Oversight Committee for a broader conversation about the City's operating reserves the topic of creating a "Rainy Day" reserve in the City's budget.

DISCUSSION

The Charter Amendment Committee, at its meeting held July 26, 2010, considered communications relative to the above topic.  

SUGGESTED ACTION

Approve recommendation.

Respectfully Submitted,

Mayor Bob Foster, Chair

Charter Amendment Committee