HomeMy WebLinkAboutReso 36-2023 (22-151)• _ City of South San Francisco P.O. Box 711 (City Hall, 400
Grand Avenue)
City Council South San Francisco, CA
• Resolution: RES 36-2023
File Number: 23-151 Enactment Number: RES 36-2023
RESOLUTION ACCEPTING MID -YEAR UPDATE FOR
FISCAL YEAR ENDING JUNE 30, 2023, AND
APPROVING PROPOSED BUDGET APPROPRIATIONS
FOR FY 2022-23 CITY OPERATING AND CAPITAL
IMPROVEMENT PROGRAM (CIP) BUDGETS.
WHEREAS, on June 22, 2022, a resolution adopting the Fiscal Year ("FY") 2022-23 budget was
approved by the City Council; and
WHERAS, preliminary (unaudited) financial results for the first half of FY 2022-23 are available;
and
WHEREAS, additional appropriations are necessary to fund certain projects and/or programs for
FY2022-23; and
WHEREAS, the availability of unrestricted funds have been identified within the City's General
Fund as a result of the audit for year ended June, 30, 2022; and
WHEREAS, on February 15, 2023, the information related to the above was presented and
accepted by the Budget Standing Committee at a public meeting.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of South San Francisco
that the City Council approves the revenue adjustments to the FY2022-23 budget based upon the preliminary
unaudited financial data available through December 31, 2022.
BE IT FURTHER RESOLVED that the City Council approves the additional expenditure requests
for FY2022-23 described in the report associated with this resolution and approves the appropriation of
additional funds, thereby amending the FY2022-23 expenditure budget.
BE IT FURTHER RESOLVED that the fund balance and reserve categories presented in the report
herein related to FY2022-23 are designed for decision-making and informational purposes only for the City
Council and are not intended to replace the reserve classifications supplied by 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 as necessary to follow the intent
of Council's appropriation approval if any related numbers represented herein do not match.
City of South San Francisco
File Number: 23-151
Enactment Number: RES 36-2023
BE IT FURTHER RESOLVED that any adjustments to staffing levels, as detailed in the star
report and accompanying attachments herein are hereby approved, and the Director of Finance is hereby
authorized to make commensurate budget adjustments, if necessary.
At a meeting of the City Council on 2/22/2023, a motion was made by Councilmember Addiego,
seconded by Vice Mayor Nagales, that this Resolution be approved. The motion passed.
Yes: 5 Mayor Nicolas, Vice Mayor Nagales, Councilmember Addiego,
Councilmember Coleman, and Councilmember Flores
Attest by
City of South San Francisco
Govea Acosta, City Clerk