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• <br /> RESOLUTION NO. 17-982 <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PLEASANTON <br /> ACCEPTING THE FY• 2016/17 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 /> 2017. <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, 2017 Fund Balances as shown in Attachment 2. <br /> SECTION 2: It designates General Fund Reserves for existing and future 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 Budget Ending Fund <br /> Reserve Designations Amended Budget . Adjustments Balance <br /> General Fund Reserve $20,755,064 $1,831,729 $22,586,793 <br /> Total $20,755,064 $1,831,729 $22,586,793 <br /> PASSED, APPROVED AND ADOPTED by the City Council of the City of Pleasanton at <br /> a regular meeting held on December 5, 2017. <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 held on the 5th day of <br /> December 2017, by the following vote: <br /> Ayes: Councilmembers Brown, Narum, Olson, Pentin, Mayor Thorne <br /> Noes: None <br /> Absent: None <br /> Abstain: None <br /> C74Karen City <br /> APPROVED AS/TOFORM: <br /> AA4140L— <br /> _ <br /> i/baniel G. Sodergren, City Attorney <br />