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Agenda Item
2.Q. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST HOLLYWOOD APPROVING THE INCREASE OF GENERAL FUND EMERGENCY RESERVES, APPROVING RELATED CHANGES TO THE CLASSIFICATION OF THE GENERAL FUND BALANCE RESERVES AND RESCINDING RESOLUTION NO. 11-4186, AND A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST HOLLYWOOD APPROVING CHANGES TO THE FINANCE POLICIES AND RESCINDING RESOLUTION NO. 01-2603 [D. WILSON, C. SAFRIET, M. LINDLEY, L. QUIJANO, C. CORRALES, A. RUIZ, K. BARENG]:
SUBJECT: The City Council will consider adopting a Resolution approving the increase of General Fund Emergency Reserves, including rescinding an outdated Resolution No. 11-4186, approving related changes to the classification of the General Fund Balance Reserves, and a Resolution approving revising the Finance Policies, including rescinding an outdated Resolution No. 01-2603.