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RESOLUTION NO. 15- <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PLEASANTON <br /> ACCEPTING THE FY 2014/15 YEAR-END OPERATING BUDGET AND <br /> DESIGNATING GENERAL FUND RESERVES <br /> WHEREAS, each year a report of financial condition of the Operating Budget is <br /> presented to Council, and <br /> WHEREAS, staff presented to Council such a report for the fiscal year ending June 30, <br /> 2015 <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 accepts the June 30, 2015 Fund Balances as shown in Attachment 2. <br /> Section 2: It designates General Fund Reserves for existing and future, known and unknown, <br /> obligations as shown in Attachment 2 for all funds and as follows for the General Fund: <br /> Year-End <br /> Recommended <br /> General Fund-Fund Balance Amended Budget Ending Fund <br /> Reserve Designations Budget Adjustments Balance <br /> 10% Resere for Economic <br /> Uncertainties $10,037,000 $374,000 $10,411,000 <br /> Committed Fund Balance (CIP <br /> and R&R Fund Reserves) 2,908,218 2,908,218 <br /> Unassigned Fund Balance 4,830,581 2,426,211 7,256,792 <br /> Total $14,867,581 $5,708,429 $20,576,010 <br /> Section 3: 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 17th day of November, 2015. <br /> I, Karen Diaz, City Clerk of the City of Pleasanton, California, certify that the foregoing <br /> resolution was adopted by the City Council at a regular meeting by the following vote: <br /> Ayes: <br /> Noes: <br /> Absent: <br /> Abstain: <br /> Karen Din, City Clerk <br /> APPROVED AS TO FORM: <br /> Jonathan P. Lowell, City Attorney <br />