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RESO.0056 - CC RESO FY 26-27 TRANSFERRING CERTAIN FUNDS TO CONFIRM THE BUDGETED AMOUNTS TO ACTUAL EXPENDITURE <br />REV: 08-20-26 ET <br />Page 1 of 3 <br />RESOLUTION NO. 16434 <br />A RESOLUTION OF THE CITY COUNCIL OF REDWOOD CITY <br />TRANSFERRING CERTAIN FUNDS FOR SPECIFIED PURPOSES TO <br />CONFORM THE BUDGETED AMOUNTS TO ACTUAL EXPENDITURES <br />FOR TRANSACTIONS THAT ARE ANTICIPATED TO OCCUR DURING FY <br />2026-27 <br />WHEREAS, during the course of a fiscal year, the City Council may take actions that <br />change or modify the City’s existing and approved budgets; and <br />WHEREAS, staff has presented written documentation, which is attached hereto as <br />Exhibit “A” which sets forth in particularity the changes in expenditures. <br />NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF <br />REDWOOD CITY AS FOLLOWS: <br />1.The recitals set forth above are true and correct and are hereby <br />incorporated by this reference as if fully set forth in their entirety. <br />2.The following stated amounts, as set forth in full in Exhibit “A” which is <br />attached hereto and made a part hereof, are hereby transferred for specific purposes to <br />conform the budgeted amounts to actual expenditures for transactions which are anticipated <br />to occur during fiscal year 2026-27: <br />Summary of Recommended Expenditure Changes <br />Expenditures ($) <br />General Fund – Fire Salaries in <br />program 62220 <br /> 393,675 <br />General Fund – Non-Departmental <br />in program 89999 <br />(393,675) <br />Total Revisions 0 <br />•This Council does hereby establish as the appropriation revisions for Fiscal <br />Year 2026-27. <br />3.The resolution shall be effective upon the date of its adoption. <br />* * *