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<br /> <br />CITY COUNCIL OF THE CITY OF PLEASANTON <br /> <br />ALAMEDA COUNTY, CALIFORNIA <br />RESOLUTION NO. 06-052 <br /> <br />FY 2005-06 MID-YEAR REPORT AND FY 2006-07 <br />MID-TERM BUDGET AND CAPITAL IMPROVEMENT PROGRAM <br /> <br />WHEREAS, in June 2005, the City Council adopted a two-year Operating Budget and Capital <br />Improvement Program for fiscal years 2005-06 and 2006-07; and <br /> <br />WHEREAS, each quarter a report of financial condition is presented to Council which includes any <br />staff recommendations for budget amendments or actions needed; and <br /> <br />WHEREAS, staff presented to Council such a report (SR06:153) for the second quarter of the fiscal <br />year ending June 30, 2006, and <br /> <br />WHEREAS, the second quarter marks the midyear point, and <br /> <br />WHEREAS, staff has prepared a mid-term budget update which includes recommended amendments <br />to the second year of the already adopted Operating and CIP budgets; and <br /> <br />WHEREAS, a public hearing was held on June 20, 2006, and staff presented a report (SR06:153) <br />regarding the recommended amendments; <br /> <br />NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PLEASANTON RESOLVES AS <br />FOLLOWS: <br /> <br />Section 1: Council amends the FY 2005-06 Operating Budget and Capital Improvement Program <br />Budget as detailed in the 2005-0612006-07 Mid-Term and Capital Improvement Program <br />Budget document <br /> <br />Section 2: Council adopts the FY 2006-07 Mid-Term Budget and Capital Improvement Program <br />Budget amendments. <br /> <br />Section 3: Council adopts the FY 2006-07 Community Development Block Grant Program as set <br />forth in Attachment B of the Mid-Term Budget. <br /> <br />Section 4: This resolution shall become effective immediately upon its passage and adoption. <br />