Resolution 15243CITY OF ALAMEDA RESOLUTION NO. 15243
AMENDING THE GENERAL FUND AND THE RENT STABILIZATION
FUND OPERATING BUDGET FOR FISCAL YEAR 2016 -17
WHEREAS, on June 7, 2016, the City Council did adopt a budget representing the
financial plan for conducting the affairs of the City of Alameda for the Fiscal Year
beginning July 1, 2016, and ending June 30, 2017; and
WHEREAS, staff is proposing that the General Fund appropriations be increased
by $50,000 and the Rent Stabilization Fund estimated revenue and appropriations be
increased by $50,000 each; and
WHEREAS, the Council has considered the report and recommendations of the
City Manager on the budget amendment and has determined that the budget amendment
is both fair and appropriate; and
WHEREAS, this budget ensures.that the City of Alameda has exercised prudent
judgment in its fiduciary responsibility as guardian of the public tax dollars.
NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Alameda that
the budget amendment to the City's Fiscal Year 2016 -17 Budget is approved for the
General Fund by changing appropriations by $50,000. and for the Rent Stabilization Fund
by changing revenue and expenditure estimates by $50,000 each.
I, the undersigned, hereby certify that the foregoing Resolution was duly and
regularly adopted and passed by the Council of the City of Alameda in a regular meeting
assembled on the 21 st day of March, 2017, by the following vote to wit:
AYES: Councilmembers Ezzy Ashcraft, Matarrese, Oddie, Vella and
Mayor Spencer — 5.
NOES: None.
ABSENT: None.
ABSTENTIONS: None.
IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the seal of
said City this 22nd day of March, 2017.
Lara Weisiger, Gait Clerk
City of Alameda
APPROVED AS TO FORM:
Jane f/(3. Kern, City Attorney
City of Alameda