HomeMy WebLinkAboutCity Council Resolution 21-005 -budget adjustmentRESOLUTION NO.21-005
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA
AMENDING THE ADOPTED OPERATING AND CAPITAL BUDGET
FOR FISCAL YEAR 2020/21
WHEREAS the City of Saratoga's FY 2020/21 Operating and Capital Budget revenues and
expenditures were reviewed at mid -year and projected through year-end to determine estimated activity
for the fiscal year, and;
WHEREAS it was determined that the West Valley Solid Waste Management (WVSWM)
expenditure budget did not include an appropriation for the SB 1383 planning and disposal negotiation
costs, and;
WHEREAS the City Council desires to adopt revenues, expenditures, transfers, and/or use of
fund balance appropriations to reflect accurate funding, and;
WHEREAS it is necessary to amend the City of Saratoga's FY 2020/21 Operating budget to
adjust the WVSWM expenditure appropriation to be in alignment with the necessary expenditure, and;
WHEREAS the proposed expenditure budget adjustment is as follows:
Adjustment Description Account# Adiustment
Increase WVSWM expenditure budget 111-5103-62235 $30,316.16
NOW THEREFORE, BE IT RESOLVED, that the City Council of the City of Saratoga hereby
amends the Fiscal Year 2020/21 Operating and Capital Budget as shown above and as described in the
Council's Mid -Year Budget Status Report brought to Council on February 3, 2021.
AND BE IT FURTHER RESOLVED that the Administrative Services Director is directed to
record this budget adjustment 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 3d day of February 2021 by the following vote:
AYES: Mayor Yan Zhao, Vice Mayor Tina Walia, Council Members Rishi Kumar, Kookie
Fitzsimmons, Mary -Lynne Bernald
NOES:
ABSENT:
ABSTAIN:
Yan Zhao, Mayor
tT T: �
i DATE: L r Zv Z
ebb retschneider, CMC, City Clerk