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ATTACHMENT 1 <br /> RESOLUTION NO. <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PLEASANTON <br /> ACCEPTING THE 2011/12FY YEAR-END FINANCIAL REPORT OF THE OPERATING <br /> BUDGET AND AMENDING THE 2011/12FY OPERATING BUDGET <br /> WHEREAS, each year a report of financial condition of the Operating Budget is <br /> presented to Council which includes staff recommendations for budget amendments, and <br /> WHEREAS, staff presented to Council such a report for the fiscal year ending June 30, <br /> 2012; and <br /> WHEREAS, as a result of the year-end financial review, staff made numerous <br /> recommendations as outlined in that report. <br /> NOW, THEREFORE BE IT RESOLVED THAT THE CITY COUNCIL OF THE CITY OF <br /> PLEASANTON DOES RESOLVE, DECLARE, DETERMINE AND ORDER THE FOLLOWING: <br /> Section 1: Amend the 2011/12FY Operating Budget as shown in Exhibit A. <br /> Section 2: Fully appropriate June 30, 2012, Fund Balances as shown in Exhibit A. <br /> Section 3: Amend the designations of General Fund Reserves for existing and future, known <br /> and unknown, obligations as shown in Exhibit A for all funds and as follows for the General <br /> Fund: <br /> Ending Fund <br /> General Fund - Fund Balance Reserve Designations Balance <br /> 10% Reserve for Economic Uncertainties 8,981 ,711 <br /> Unassigned Fund Balance 3,302,822 <br /> Reserve for Golf Debt Service 2,000,000 <br /> Temporary Recession Reserve 11 ,048,000 <br /> Tota 1 25,332,533 <br /> Section 4: City Clerk shall certify to the passage of this resolution and enter it into the book of <br /> original resolutions. <br /> PASSED, APPROVED AND ADOPTED by the City Council of the City of Pleasanton at <br /> a regular meeting held on the 20th day of November, 2012. <br />