Title
RESOLUTION of the City of San Leandro City Council to Approve City Manager Recommended Amendments to the City of San Leandro Budget for Fiscal Year 2020-2021 (amends the General Fund, Special Revenue Funds, Enterprise Funds, and Internal Service Funds budget) and Recommended Appropriations from Fund Balance Reserves
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 to address changes that may arise and which require additional budget appropriations or re-appropriations between budget line items; and
WHEREAS, the Fiscal Year 2020-2021 Budget was adopted by the City Council on June 3, 2019, and
WHEREAS, there were no 2020-21 budget amendments necessary for the Public Financing Authority Fund or for the Successor Agency to the Redevelopment Agency of the City of San Leandro Fund, and
WHEREAS, the City Council received a presentation on May 18, 2020 on the updated budget and the proposed budget amendments.
NOW, THEREFORE, the City Council of the City of San Leandro does RESOLVE as follows:
That the Fiscal Year 2020-2021 Budget is hereby amended as shown on that certain attached document entitled EXHIBIT 1, Proposed Budget Amendments.