HomeMy WebLinkAboutCity Council Resolution 12-039 Adopting FY 201213 BudgetRESOLUTION NO. 12-039
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA
TO ADOPT THE FISCAL YEAR 2012/13 OPERATING & CAPITAL BUDGET
WHEREAS, the City Council held a public hearing on the Proposed Operating & Capital Budget
for Fiscal Year 2012/13 on May 16, 2012;
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, after the Planning Commission's approval of the proposed new projects the City
Manager did submit a proposed budget for FY 2012/13 to the City Council; and
WHEREAS, the City Council has considered and, upon consensus may provide direction for
modifications to the proposed budget during a public hearing; and
WHEREAS, the City Council gave staff direction to adopt the Fiscal Year 2012/13 Operating
and Capital budgets as proposed;
NOW THEREFORE, BE IT RESOLVED, that the City Council of the City of Saratoga hereby
adopts the Fiscal Year 2012/13 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 includes carry -forward
appropriations for prior year capital projects, identified funding for specified expenditures, grants, and
pass-through balances; that capital projects are in compliance with the General Plan; that there be carried
forward from the prior year within each fund an amount sufficient to cover approved outstanding
encumbrances as of June 30, 2012;
AND BE IT FURTHER RESOLVED, that the City Council hereby directs staff that any
changes or impacts resulting from: Council approval of the meet and confer process 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; or from further City
Council consensus direction received on June 6, 2012 be incorporated within the final Fiscal Year
2012/13 Operating & Capital Budgets;
AND BE IT FURTHER RESOLVED, that the Finance and 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 6`h' day of June, 2012, by the following vote:
AYES: Council Member Manny Cappello, Emily Lo, Howard Miller, Vice Mayor Jill
Hunter, Mayor Chuck Page
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST:
nm
Crystaj Morrow, City Clerk
Chuck Page, Mayor