Title
RESOLUTION of the City of San Leandro City Council Adopting the Biennial Budget of the City of San Leandro for Fiscal Years July 1, 2021 to June 30, 2022 and July 1, 2022 to June 30, 2023
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WHEREAS, the 2021-2022 and 2022-2023 City Manager’s Proposed Budget for the City of San Leandro was prepared and submitted to the City Council by the City Manager on May 24, 2021, thirty-five days prior to the beginning of the 2021-2022 fiscal year as required by Section 505 of the City’s Charter; and
WHEREAS, the City Council reviewed the City Manager’s Proposed Budget on June 21, 2021; and
WHEREAS, upon conclusion of the public hearing on June 28, 2021, the City Council further considered the City Manager’s Proposed Budget as provided for in Section 515 of the City Charter.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SAN LEANDRO RESOLVES THAT:
That the 2021-2022 and 2022-2023 City Manager’s Proposed Budget referenced above is hereby designated and approved as the City of San Leandro’s 2021-2022 and 2022-2023 City Council Adopted Budget; and
That the amounts stated herein in Attachment 1 are hereby appropriated to the purposes therein specified for 2021-2022 and 2022-2023 and the City Manager is hereby authorized to execute all services agreements as provided for in said appropriation; and
That the City Reserve Policy for the General Fund is hereby approved establishing a foundation designating funds to reserves supporting fiscal stability and sustainability of operations.