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05/22/2017 RESOLUTION NO. 15586 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDWOOD CITY APPROPRIATING AND TRANSFERRING CERTAIN FUNDS FOR SPECIFIED PURPOSES DURING FY 2016/2017 WHEREAS, during the course of a fiscal year, the City Council may take actions that change or modify the City's existing and approved budgets; and WHEREAS, grants and revenue are received during the course of the fiscal year which were not anticipated when the City's budgets were first approved; and WHEREAS, appropriations need to be established in order for staff to utilize grants and revenues received; and WHEREAS, unanticipated activity occurs during the fiscal year that requires a higher level of service than budgeted, which necessitates additional appropriations in order to conform to the budget; and WHEREAS, generally, twice a year staff will present appropriation changes to the City Council for approval; and WHEREAS, staff has presented written documentation, which is attached hereto as Exhibits "A" and "B", which set forth in particularity the changes in revenues and the changes in expenditures, respectively. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF REDWOOD CITY AS FOLLOWS: 1. The City's budget for Fiscal Year 2016-17 is hereby amended to incorporate the following stated changes, as described in more detail in Exhibits "A" and "B", which exhibits are attached hereto and made a part hereof. Such changes include the revenue changes listed in Exhibit A and the expenditure changes listed in Exhibit B. The expenditure amounts listed in Exhibit B are hereby appropriated and transferred for the specific purposes described therein. ATTY/RESO.0046/CC RESO APPROVING & ADOPTING APPROPRIATION & TRANSFERRING OF CERTAIN FUNDS RESO. NO. 15586 REV: 05-11-17 JS MUFF NO. 501 Page 1 of 2