Loading...
HomeMy WebLinkAboutCity Council Resolution 19-038 adopting FY19-20 Operating budgetRESOLUTION 19-038 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA TO ADOPT THE FISCAL YEAR 2019/20 OPERATING & CAPITAL BUDGET 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; and WHEREAS, on May 8''', the Planning Commission conducted an annual review of proposed new capital projects and determined that all proposed new capital projects are consistent with the City's General Plan; and WHEREAS, the City Manager has submitted a proposed Operating and Capital budget for FY 2019/20 to the City Council at a public hearing held on May 15, 2019; and WHEREAS, the City Council has reviewed and considered the proposed Operating and Capital budgets for FY 2019/20, and if budget modifications were requested, Council has provided consensus direction for changes to the proposed budget during the public hearing; and WHEREAS, staff will incorporate any noted modifications or further Council direction, refined estimates, corrections, adjustments, grants, pass -through revenue/expenditures, and carry -forwards into the final Fiscal Year 2019/20 Operating and Capital budgets; NOW THEREFORE, BE IT RESOLVED, that the City Council of the City of Saratoga hereby adopts the Fiscal Year 2019/20 Operating & Capital Budget as shown in the Total Fund Activity Summary in the staff report recommending adoption of this resolution; AND BE IT FURTHER RESOLVED, that the final adopted budget shall include adjustments, refinements, corrections, 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, 2019; AND BE IT FURTHER RESOLVED, that the City Council hereby finds that the projects included in the FY 2019/20 Capital Improvement Plan Update will not have an adverse impact on the environment and are categorically exempt from the California Environmental Quality Act (CEQA). 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 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; for 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 19, 2019, be incorporated within the final Fiscal Year 2019/20 Operating & Capital Budgets; AND BE IT FURTHER RESOLVED, that the Finance & 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 19`'' day of June 2019, by the following vote: AYES: Mayor E. Manny Cappello, Vice Mayor Howard Miller, Council Members Rishi Kumar, Mary -Lynne Bernald, Yan Zhao NOES: ABSENT: ABSTAIN: E. Manny Cappello, Mayor of the City of Saratoga ATTEST: 41-1/zni1 Debbie Bretschneider, Date City Clerk of the City of Saratoga