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Attachment 1 <br /> RESOLUTION NO. 19- <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PLEASANTON <br /> ACCEPTING THE FY 2018/19 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 /> 2019 <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, 2019 Fund Balances as shown in Attachment 2. <br /> Section 2: It designates General Fund Reserves for existing and future unknown obligations as <br /> shown in Attachment 2 for all funds and as follows for the General Fund: <br /> General Fund Initial Year-End Ending <br /> Fund Balance Balances at Recommended Fund <br /> Reserve Designations 6/30/2019 Adjustments Balance <br /> General Fund Reserve $26,063,367 $1,790,292 $27,853,659 <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 5th day of November, 2019. <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 Diaz, City Clerk <br /> APPROVED AS TO FORM: <br /> Daniel G. Sodergren, City Attorney <br />