Title
RESOLUTION of the City Council for the City of San Leandro to Approve City Manager Recommended Amendments to the City of San Leandro Budget for Fiscal Year 2018-19 (amends the General Fund, Special Revenue Funds, Enterprise Funds, Internal Service Funds, and Successor Agency Fund budget) and Recommended Appropriations from Fund Balance Reserves
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WHEREAS, the City Council approves annual budgets based on the best revenue and expenditure information available at the time budgets are prepared; and
WHEREAS, budget adjustments are periodically necessary for changes that arise and require additional budget appropriations or re-appropriations between budget line items; and
WHEREAS, the 2018-19 Budget was adopted by the City Council on June 5, 2017.
NOW, THEREFORE, the City Council of the City of San Leandro does RESOLVE as follows:
That the 2018-19 Budget is hereby amended as shown on that certain document entitled Staff Report for a Resolution Approving City Manager Recommended Amendments and Appropriations to the City of San Leandro Budget for Fiscal Year 2018-19 (amends the General Fund, Special Revenue Funds, Enterprise Funds, and Internal Service Funds budget) for the following:
REVENUES:
Fund Adopted Projected Change % Change
General Fund $111,699,755 $110,211,073 $-1,488,682 -1.3%
Special Revenue Funds 24,191,214 24,406,034 214,820 0.9%
Capital Project Funds 7,325,000 7,625,000 300,000 4.1%
Debt Service Funds 2,793,911 2,793,911 0 0.0%
Enterprise Funds 17,693,154 17,741,404 48,250 0.3%
Internal Service Funds 17,746,359 18,746,359 1,000,000 5.6%
Successor Agency Fund 7,450,000 7,450,000 0 0.0%
Total Operating Revenues $188,899,393 $188,973,781 $74,388 0.00%
Use of Fund Balance 5,386,043 1,241,421 -4,144,622 -76.9%
Total Revenues $194,285,436 $190,215,202 $-4,070,234 -2.1%
EXPENDITURES:
Fund Adopted Projected Change % Change
General Fund $ 115,100,922 $117,315,922 $2,215,000 1.9%
Special Revenue Funds 21,031,002 21,031,002 0 0.0%
Capital Project Funds 7,315,000 7,615,000 300,000 4.1%
Debt Service Funds 2,769,786 2,769,786 0 0.0%
Enterprise Funds 19,841,418 19,841,418 0 0.0%
Internal Service Funds 16,620,816 17,620,816 1,000,000 6.0%
Successor Agency Fund 4,021,258 4,021,258 0 0.0%
Total Operating Expenditures $186,700,202 $190,215,202 $3,515,000 1.9%