RES 98146 - Laserfiche WebLink

,~~.~.. CITY COUNCIL OF THE CITY OF PLEASANTON ALAMEDA COUNTY, CALIFORNIA RESOLUTION NO. 98-146 RESOLUTION APPROVING THE 1997-98 FINANCIAL REPORT WHEREAS, each year a report of financial condition is presented to Council which includes any staff recommendations for budget amendments, carryovers, establishment of reserves, technical corrections or actions needed; and WHEREAS, staff presented to Council such a report (SR 98:275) for the fiscal year ending June 30, 1998; and WHEREAS, as a result of the year end financial review, staff made numerous recommendations as outlined in that report. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PLEASANTON RESOLVES AS FOLLOWS: Section 1: That the 1997-98 Operating Budget be amended per Appendix A by appropriating an additional $195,412 for sewer service costs, $463,990 for additional internal service costs, and $12,867 for other miscellaneous expenditures; and increasing revenue projections by $181,264 in the internal service and miscellaneous funds. Section 2: That the transfer of $727,000 from the General Fund to the Capital Improvement Program for additional funding needed for current projects be authorized, as shown in Appendix A. Section 3: That the Operating Budget carryovers detailed in Appendix E be approved, including $785,000 in supplemental accrual carryovers in the General Fund for replacement/renovation accruals. Section 4: That the 1997-98 Capital Improvement Program appropriations be amended to agree with 1997-98 actual expenditures, as displayed in Appendix G. Section 5: That the Capital Improvement Budget carryovers detailed in Appendix G be approved.