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06/22/2015 <br /> ORIGINAL <br /> RESOLUTION NO. 15427 <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, 2015 - JUNE 30, 2016 AND PROVIDING FOR THE APPROPRIATION <br /> AND EXPENDITURE OF ALL SUMS SET FORTH IN SAID BUDGET <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, 2015 - June 30, 2016; and <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 2015-2016; and <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 /> NOW THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF <br /> REDWOOD CITY AS FOLLOWS: <br /> SECTION 1. Adoation of Budqet. The Budget for the Fiscal Year July 1, 2015 <br /> - June 30, 2016, 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 2015-2016." <br /> SECTION 2. Aaaroariations. 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 2015 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 /> SECTION 3. Provision for Interim Exaenditures After June 30. 2016; <br /> Reappropriations. The City Manager and Finance Director are authorized and directed <br /> to charge expenses incurred prior to July 1, 2016 to the appropriations of Fiscal Year <br /> ATTY/RES0.3099/CC RESO BUDGET FINAL ADOPTION FY15-16 RE50.#15427 <br /> REV:06-11-15 PT MUFF#501 <br /> Page 1 of 2 <br />