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CITY COUNCIL OF THE CITY OF PLEASANTON <br /> <br /> ALAMEDA COUNTY, CALIFORNIA <br /> <br /> RESOLUTION NO. 95-137 <br /> <br /> RESOLUTION APPROVING THE 1994-95 FINANCIAL <br /> REPORT <br /> <br />WHEREAS, each year a report of the City's financial condition is presented to the City <br /> Council; and <br /> <br />WHEREAS, such report includes any staff recommendations for budget amendments, <br /> carryovers, establishment of reserves, technical corrections or actions <br /> needed; and <br /> <br />WHEREAS, staff presented to Council such- a report (SR 95:386) for the fiscal year <br /> ending June 30, 1995; and <br /> <br /> WHEREAS, as a result of the year end financial review, staff made numerous <br /> recommendations as outlined in that report. <br /> <br /> NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PLEASANTON <br /> RESOLVES AS FOLLOWS: <br /> <br /> Section 1: The Operating Budget carryovers detailed in Appendix B, and Capital <br /> Improvement budget carryovers detailed in Appendix E, are approve& <br /> <br /> Section 2: The General Fund Reserves as detailed in Appendix D are appropriated. <br /> <br /> Section 3: All other balances are appropriated to contingency reserves designated for <br /> existing and future, known and unknown, obligations. <br /> <br /> Section 4: The 1994-95 Capital Improvement Program appropriations are amended to <br /> agree with the 1994-95 actual expenditures as shown in Appendix E. <br /> Section 5: The 1994-95 Operating Budget is amended as shown in Appendix B by <br /> increasing revenue projections by $24,175, appropriating an additional <br /> $75,785 and approving an increase in net operating transfers by $31,3 17. <br /> <br /> Section 6.: This resolution shall become effective immediately upon its passage and <br /> adoption. <br /> <br /> <br />