Title
Resolution Approving a Budget Amendment Reflecting Mid-Year Adjustments to the City of San Leandro Budget Fiscal Year 2011-12
Body
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 City Council approved the current 2011-12 General Fund, Special Revenue Funds, Enterprise Funds, and Internal Service Funds Budget on June 6, 2011, and
WHEREAS, the summary of budget adjustments reflects budget activity recorded by the Finance Department over the first six months of 2011-12 including the fund, the sources of additional revenues or transfers, and the purpose of new expenditures or transfers.
NOW, THEREFORE, the City Council of the City of San Leandro does RESOLVE as follows:
That the 2011-12 Budget is hereby amended as shown on that certain document entitled Recommended Budget Adjustments - Detail 2011-12, a copy of which is attached hereto and incorporated herein by reference.