Loading...
Resolution 15767CITY OF ALAMEDA RESOLUTION NO. 15767 INCREASING THE FISCAL YEAR 2020-21 EXPENDITURE BUDGETS IN THE RECOGNIZED OBLIGATION PAYMENT SCHEDULE (ROPS) FUND BY $230,000, THE HOME FUND BY $10,000, AND THE HUMAN SERVICES FUND BY $90,000 WHEREAS, on June 18, 2019 the City Council adopted the FY 2019-21 Budget representing the financial plan for conducting the affairs of the City of Alameda for the two year fiscal periods beginning July 1, 2019 and ending June 30, 2021; and WHEREAS, on June 16, 2020 the City Council adopted the FY 2020-21 Mid -Cycle Budget Update that included amendments for the second budget year beginning July 1, 2020 and ending June 30, 2021; and WHEREAS, staff is proposing budget amendments for FY 2020-21 following review of FY 2019-20 year-end results; and WHEREAS, the City Council has considered the report and staff recommendations on the budget amendments and has determined that the budget amendments are both fair and appropriate; and WHEREAS, the City Council has given this budget due consideration as to its projected revenues, anticipated expenditures and available fund balances; and WHEREAS, this budget ensures that the City of Alameda, including all funds, entities and component units, has exercised prudent judgment in its fiduciary responsibility as guardians of the public tax dollars. NOW, THEREFORE, BE IT RESOLVED that the Finance Director is hereby authorized to adjust the FY 2020-21 budget as follows: • Re -appropriate $230,000 from the Recognized Obligation Payment Schedule (ROPS) fund balance (Fund 207.3). • Re -appropriate $10,000 from the HOME Fund (235) for a final disbursement for Rosefield Village. • Re -appropriate $45,000 of the First 5 grant funds in the Human Services Fund (267) for a contract with Alameda Family Services. • Re -appropriate $45,000 of the First 5 Facility Grant in the Human Services Fund (267). 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 4th day of May 2021, by the following vote to wit: AYES: Councilmembers Daysog, Herrera Spencer, Knox White, Vella and Mayor Ezzy Ashcraft — 5. NOES: None. ABSENT: None. ABSTENTIONS: None. IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the seal of said City this 5th day of May 2021. Lara Weisiger, Cit Jerk City of Alameda APPROVED AS TO FORM: