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RESOLUTION NO. 14-715 <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PLEASANTON <br /> ACCEPTING THE 2013/14FY YEAR-END FINANCIAL REPORT OF THE OPERATING <br /> BUDGET AND AMENDING THE 2013114FY 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 /> 2014; 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: It amends the 2013/14FY Operating Budget as shown in Attachment 2. <br /> Section 2: It fully appropriates the June 30, 2014 Fund Balances as shown in Attachment 2. <br /> Section 3: It amends the designations of General Fund Reserves for existing and future, known <br /> and unknown, obligations as shown in Attachment 2 for all funds and as follows for the General <br /> Fund: <br /> Year-End <br /> Recommended <br /> General Fund•Fund Balance Amended Budget Ending Fund <br /> Reserve Designations Budget Adjustments Balance <br /> 10% Reserve for Economic <br /> Uncertainties $9,437,000 $213,000 $9,650,000 <br /> Unassigned Fund Balance 3,604,582 1,787,000 5,391,582 <br /> Total 1 $13,041,582 $2,000,000 j $15,041,582 <br /> Section 4: The City Clerk shall certify to the passage of this resolution and enter it into the book <br /> of original resolutions. <br /> PASSED, APPROVED AND ADOPTED by the City Council of the City of Pleasanton at <br /> a regular meeting held on the 21st day of October, 2014. <br />