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ATTACHMENT 1 <br />ATTY/RESO.0062/CC RESO BUDGET FINAL ADOPTION FY 16-17 <br />REV: 06-17-16 JS <br />Page 1 of 2 <br />RESOLUTION NO. ____ <br /> <br />A RESOLUTION OF THE CITY OF REDWOOD CITY ADOPTING THE <br />BUDGET OF THE CITY OF REDWOOD CITY FOR FISCAL YEAR JULY <br />1, 2016 - JUNE 30, 2017 AND PROVIDING FOR THE APPROPRIATION <br />AND EXPENDITURE OF ALL SUMS SET FORTH IN SAID BUDGET <br /> <br /> WHEREAS, in accordance with the Charter of the City of Redwood City, the City <br />Manager has submitted to the Council of Redwood City a proposed annual budget for <br />Fiscal Year July 1, 2016 - June 30, 2017; and <br /> <br /> WHEREAS, pursuant to the Charter, after duly noticed public hearing, the <br />Council has approved the budget and it has been certified as the Budget of the City for <br />Fiscal Year 2016-2017; and <br /> <br /> WHEREAS, it is the intention of the Council of Redwood City to adopt the <br />certified copy of the Budget presently on file in the office of the City Clerk. <br /> <br /> NOW THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF <br />REDWOOD CITY AS FOLLOWS: <br /> <br /> SECTION 1. Adoption of Budget. The Budget for the Fiscal Year July 1, 2016 <br />- June 30, 2017, approved by the Council and certified by the City Clerk and City <br />Manager, presently on file in the office of the City Clerk, is adopted. The Budget is <br />contained in the document entitled “Recommended Budget FY 2016-2017.” <br /> <br /> SECTION 2. Appropriations. The amounts designated for subprograms in the <br />Budget document’s “Operating Programs” section are appropriated to each designated <br />subprogram (excepting the Successor Agency subprogram which is being adopted and <br />appropriated by separate action of the City Council acting in its capacity as the <br />Successor Agency to the dissolved Redwood City Redevelopment Agency) and the <br />amounts designated for capital projects listed in the Budget document’s “Capital <br />Improvement Projects” section are appropriated. The Beginning Balance in the Budget <br />document’s “Analysis of Budget by Fund” and the Revenue Estimates for 2016 in the <br />Budget document’s “Budget Summary”, including those for the Redwood City Public <br />Financing Authority and assessment and improvement districts but excepting those for <br />the Successor Agency, are appropriated. <br /> <br />SECTION 3. Provision for Interim Expenditures After June 30, 2017; <br />Reappropriations. The City Manager and Finance Director are authorized and directed <br />to charge expenses incurred prior to July 1, 2017 to the appropriations of Fiscal Year <br />2016-2017. The City Manager and Finance Director are further authorized to pay all <br />contractual obligations, including but not limited to payroll, contracts, and other <br />8.A. - Page 3