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HomeMy WebLinkAboutCity Council Resolution 21-032 budget adjustment - credit card feesRESOLUTION NO.21-032 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA AMENDING THE FY 2020-2021 OPERATING & CAPITAL BUDGET TO APPROPRIATE ADDITIONAL FUNDING FOR CREDIT CARD FEES WHEREAS, the City of Saratoga FY 2020/21 Operating & Capital Budget allocated $25,500 for Credit Card Convenience Fees for Fiscal Year 2020/21; and WHEREAS, as a result of the pandemic, an increasing number of services were paid for online and costs will exceed the funding for credit card fees in the FY 2020/21 Budget; and WHEREAS, adoption of the budget adjustment resolution will amend the Fiscal Year 2020/21 City of Saratoga FY 2020/21 Operating & Capital Budget to account for the increased expenditure as follows: Account Description Account # Increase Amount To appropriate additional funding for Community Development Department credit card fees: Building credit card fees Planning credit card fees 111.4201.62112 111.4101.62112 $30,000 $12,000 NOW, THEREFORE, be it resolved that the City Council of the City of Saratoga hereby approves the above adjustment to the FY 2020/21 Operating & Capital Budget. The above and foregoing resolution was passed and adopted at a regular meeting of the Saratoga City Council held on the 19" day of May 2021 by the following vote: AYES: Mayor Yan Zhao, Vice Mayor Tina Walia, Council Members Mary -Lynne Bernald, Kookie Fitzsimmons, Rishi Kumar NOES: ABSENT: ABSTAIN: Yan Zhao, Mayor City of Saratoga ATT / DATE: �'/24 12,6 Debbie Bretschneider, CMC City Clerk