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HomeMy WebLinkAboutReso 151-2020 (20-224)City of South San Francisco P.O. Box 711 (City Hall, 400 Grand Avenue) 40South San Francisco, CA City Council Resolution: RES 151-2020 File Number: 20-224 Enactment Number: RES 151-2020 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SOUTH SAN FRANCISCO APPROVING AMENDMENTS TO THE FISCAL YEAR 2020-21 OPERATING BUDGET. WHEREAS, the City of South San Francisco ("City") Operating Budget shall hereafter be referred to collectively as the "Operating Budget" for purposes of adopting this Resolution; and WHEREAS, on June 24, 2020, a resolution adopting the Fiscal Year ("FY") 2020-21 Operating Budget was approved by City Council; and WHEREAS, additional appropriations are necessary to fund certain projects and/or programs; and WHEREAS, the availability of additional unrestricted funds has been identified within the City's General Fund. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of South San Francisco that the amendments to the FY 2020-21 Operating Budget are hereby approved, and it hereby appropriates the funds as set forth in the staff report for this resolution, including all attachments, for FY 2020-21. BE IT FURTHER RESOLVED that fund balance and reserve categories in this document are designed for decision-making and informational purposes only for the City Council and are not intended to replace the reserve classifications supplied by the Governmental Accounting Standards Board (GASB) Statement 54 for governmental funds. BE IT FURTHER RESOLVED that the Director of Finance is hereby authorized to use professional judgment to make corrections to the adopted budget schedules if any related numbers represented on one budget schedule herein do not match the corresponding number as represented in another budget schedule herein. BE IT FURTHER RESOLVED that any adjustments to staffing levels, as detailed in the staff report and accompanying attachments herein are hereby approved, and the Director of Finance is hereby authorized to make commensurate budget adjustments. City of South San Francisco Page 1 File Number: 20-224 Enactment Number: RES 151-2020 At a meeting of the City Council on 10/28/2020, a motion was made by Councilmember Nicolas, seconded by Councilmember Nagales, that this Resolution be approved. The motion passed. Yes: 5 Mayor Garbarino, Vice Mayor Addiego, Councilmember Nagales, Councilmember Nicolas, and Councilmember Matsumoto Attest by - 4 Iall- djt—� osa Govea Acosta, City Clerk City of South San Francisco Page 2