RES 201141 - Laserfiche WebLink

RESOLUTION NO. 20-1141 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PLEASANTON ACCEPTING THE SECOND MIDYEAR FY 2019/20 OPERATING BUDGET AND AMENDING THE FY 2019/20 OPERATING BUDGET ACCORDINGLY WHEREAS, staff periodically presents to the City Council reports regarding the financial condition of the City along with any recommendations for budget amendments and technical corrective actions needed, and WHEREAS, the City Council adopted the First Midyear FY 2019/20 Operating Budget ("Budget") on March 3, 2020, and WHEREAS, the County issued a stay at home order (Order) on March 17, 2020 in response to the COVID-19 pandemic outbreak in the Bay Area that resulted in many non-essential public serving businesses to close or curtail their operations for the duration of the order, and WHEREAS, the Order also required the City to close its library, recreation facilities, recreation programs as well as reduce maintenance, planning and permitting efforts, and WHEREAS, the Order and related closures have caused the City's General Fund revenues to be approximately $6.3 million less than the March 3, 2020 FY 2019/20 Midyear budget, and WHEREAS, staff prepared a second Midyear Budget update that includes recommended amendments to the Budget to ensure the FY 2019/20 budget is balanced. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PLEASANTON, CALIFORNIA DOES RESOLVE, DECLARE, DETERMINE, AND ORDER AS FOLLOWS: SECTION 1: It allocates $100,000 from the CIP Reserve to support a COVID-19 mobile response effort in partnership with Stanford Valley Care. SECTION 2: It approves amending the FY 2019/20 General Fund budget by reducing revenues by$6,303,398 and making the following reductions to operating expenses and transfers to balance the budget: Transportation and Training $196,257 Repairs and Maintenance 1,610,923 Materials and Supplies 1,025,000 Capital Outlay 61,700 Capital Improvement Plan (CIP) Reserves 3.409,518 Total Reductions to Operating Expenses and Transfers $6,303,398 PASSED, APPROVED AND ADOPTED by the City Council of the City of Pleasanton at a special meeting held on April 15, 2020.