Title
Staff Report for a City of San Leandro City Council Resolution for a Public Hearing and Adoption of the Proposed Final Fiscal Year 2020-21 Budget including Revenue and Expenditure Appropriations (for the General Fund, Special Revenue Funds, Enterprise Funds, and Internal Service Funds)
Staffreport
SUMMARY AND RECOMMENDATIONS
Staff recommends the City Council conduct a public hearing and take public testimony regarding the Proposed Final Budget including revenue and expenditure appropriations for Fiscal Year (FY) 2020-2021. At the conclusion of the public hearing, staff recommends approving the resolution including amendments to the approved Biennial Budget for Fiscal Years 2019-2020 and 2020-2021 and appropriations for FY 2020-2021 (no change to the Public Financing Authority Fund or the Successor Agency Funds).
BACKGROUND
The City Council approved the FYs 2019-2020 and 2020-2021 Biennial Budget on June 3, 2019. The approved biennial budget is the City's plan for resource allocation that guides and insures implementation of City Council policies and priorities. The budget implements the City Council's vision and direction for the broad range of services meeting the needs of the community.
The plan and vision of the Biennial Budget for FY 2019-20 and 2020-2021 unfolded on target through December 31, 2019 and into the late winter. In mid-March 2020, the impacts of the COVID-19 pandemic became fully apparent nationally, in the Bay Area, and in San Leandro. The precautionary measures recommended to control the COVID-19 pandemic directly impacted all City residents and businesses, the City organization, and the delivery of City services.
The curtailment of City services on March 16, 2020, and the unprecedented loss of revenues stemming from the COVID-19 pandemic and related economic slowdown is anticipated to impact the City's financial condition from March 2020 at least through the entirety of FY 2020-2021. While the City Council adopted a balance...
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