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8.A. - Page 103 of 104 <br />RESOLUTION NO. <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br />REDWOOD CITY ADOPTING THE R E V I S E D BUDGET OF THE CITY <br />OF REDWOOD CITY FOR FISCAL YEAR JULY 1, 2020 - JUNE 30, 2021 <br />AND PROVIDING FOR THE APPROPRIATION AND EXPENDITURE OF <br />ALL SUMS SET FORTH IN SAID BUDGET <br />WHEREAS, on June 22, 2020, the City Council adopted the annual budget <br />for Fiscal Year July 1, 2020 - June 30, 2021, and directed staff to develop revisions <br />to the budget for City Council consideration in October 2020, when economic <br />impacts and community needs of COVID-19 would be clearer; and <br />WHEREAS, during the course of a fiscal year, the Council may take actions that <br />change or modify the City's existing and approved budgets; and <br />WHEREAS, in accordance with Council's direction, staff developed a proposed <br />revised annual budget for Fiscal Year July 1, 2020 - June 30, 2021; and <br />WHEREAS, the City Manager has submitted to Council the proposed revised <br />annual budget for Fiscal Year July 1, 2020 - June 30, 2021; and <br />WHEREAS, after duly noticed public hearing, the Council has approved the <br />revised budget and it has been certified as the Revised Budget of the City for Fiscal <br />Year 2020-21; and <br />WHERAS, it is the intention of the Council of Redwood City to adopt the <br />certified copy of the Revised 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. Adoption of Budget. The Revised Budget for the Fiscal Year July <br />1, 2020 - June 30, 2021, approved by the Council and certified by the City Clerk and <br />City Manager, presently on file in the office of the City Clerk, is adopted. The Budget <br />is contained in the document entitled "Revised Budget FY 2020-21." <br />SECTION 2. Appropriations. The amounts designated for subprograms in the <br />Revised Budget document's "Detailed Operating Expenditure Schedule" are appropriated <br />to each designated subprogram. In addition, the Revenue estimates in the Revised <br />Budget document's "Financial Summaries" are appropriated. <br />SECTION 3. Provision for Interim Expenditures After June 30, 2020: <br />ATTY/RE50.0124/CC RE50 AMENDING FY 20-21 ADOPTED BUDGET <br />REV: 10-21-2020 MI <br />Page 1 of 2 <br />472 <br />