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RESOLUTION NO. 18-1053 <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PLEASANTON <br /> ACCEPTING THE FY 2017/18 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 /> 2018 <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, 2018 Fund Balances as shown in Attachment 2. <br /> SECTION 2: It designates General Fund Reserves for existing and future unknown obligations <br /> as shown in Attachment 2 for all funds and as follows for the General Fund: <br /> Year-end <br /> Recommen <br /> Initial ded Budget Ending <br /> Balance at Adjustment Fund <br /> General Fund Balance 6/30/2018 s Balance <br /> General Fund Reserve $24,063,367 $2,000,000 $26,063,367 <br /> PASSED, APPROVED AND ADOPTED by the City Council of the City of Pleasanton at <br /> a regular meeting held on the 16th day of October, 2018. <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 on November 6, 2018 by the <br /> following vote: <br /> Ayes: Councilmembers Brown, Narum, Olson, Pentin, Mayor Thorne <br /> Noes: None <br /> Absent: None <br /> Abstain: None <br /> aren' iaz, City Cl-rk <br /> Dated: <br /> APPROVED ASLO FORM: <br /> jai j r i <br /> Daniel G. Sodergren, Ci Attorney <br />