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HomeMy WebLinkAboutCity Council Resolution 15-034 - Adopting the FY 201516 Operating and Capital BudgetRESOLUTION NO. 15-034 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA TO ADOPT THE FISCAL YEAR 2015/16 OPERATING & CAPITAL BUDGET WHEREAS, the City Council held a public hearing on the Proposed Operating & Capital Budget for Fiscal Year 2015/16 on May 20, 2015; WHEREAS, Section 2-20.050(i) of the Code of the City of Saratoga requires the City Manager to prepare and submit the proposed annual budget to the City Council for its approval; WHEREAS, the Planning Commission has conducted an annual review of proposed new capital projects for consistency with the City's general plan; and WHEREAS, the City Manager has submitted a proposed Operating and Capital budget for FY 2015/16 to the City Council; and WHEREAS, the City Council has considered and, upon consensus provided direction for modifications to the proposed budget during a public hearing; and WHEREAS, staff will incorporate any noted modifications into the final Fiscal Year 2015/16 Operating and Capital budgets; NOW THEREFORE, BE IT RESOLVED, that the City Council of the City of Saratoga hereby adopts the Fiscal Year 2015/16 Operating & Capital Budget as shown in the Total Fund Activity Summary schedule in the budget adoption report; AND BE IT FURTHER RESOLVED, that the final adopted budget shall include adjustments, and revisions for carry -forward appropriations for prior year capital projects, identified funding for specified expenditures, grants, and pass-through balances; and that there be carried forward from the prior year within each fund an amount sufficient to cover approved outstanding encumbrances as of June 30, 2015; AND BE IT FURTHER RESOLVED, that the City Council hereby finds that the projects included in the FY 2015/16 Capital Improvement Plan Update will not have an adverse impact on the environment and are Categorically Exempt from the California Environmental Quality Act. These projects involve maintenance, repair, or minor alterations or additions to existing facilities (§15301 - Class 1), replacement or reconstruction of existing structures or facilities (§15302 - Class 2), new structures of small size and are identified by CEQA as not having a significant effect on the environment (§15303 - Class 3), minor alterations to land (§15304 - Class 4), and information gathering purposes (§15306 - Class 6); AND BE IT FURTHER RESOLVED, that the City Council hereby directs staff that any changes or impacts resulting from: Council approval of any meet and confer processes or management compensation plan; from classification adjustments or miscellaneous corrections; from changes due to more refined estimates, grant approvals, claim reimbursements, budget carryforwards, or added revenue and expenditures; from development fee based pass-through budget appropriations; Page 1 of 2 or from further City Council consensus direction received on June 3, 2015 be incorporated within the final Fiscal Year 2015/16 Operating & Capital Budgets; AND BE IT FURTHER RESOLVED, that the Administrative Services Director is directed to record these changes into the City's accounting records in accordance with appropriate accounting practices. The above and foregoing resolution was passed and adopted at a regular meeting of the Saratoga City Council held on the 3`d day of June 2015 by the following vote: AYES: Mayor Howard A. Miller, Vice Mayor Manny Cappello, Council Member Emily Lo, Mary -Lynne Bernald, Rishi Kumar NOES: ABSENT: ABSTAIN: TEST D' Howard A. iller, Mayor eAMIC INV DATE: 10(14 70 5 1 Bothelio, City Clerk Page 2 of 2