HomeMy WebLinkAboutR-11088 approving an amendment to the 2019-20 Budget AllocationRESOLUTION NO. 11088 (2020 SERIES)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN LUIS
OBISPO, CALIFORNIA, APPROVING AN AMENDMENT TO THE 2019-
20 BUDGET ALLOCATION
WHEREAS, in accordance with the San Luis Obispo City Charter Section 802, the City
Manager submitted the 2019-21 Financial Plan to Council for its review and consideration on June
4,2019;and
WHEREAS, the Council approved the 2019-21 Financial Plan and appropriated the 2019-
20 budget allocation including operating, debt service, and capital improvement plan budget; and
WHEREAS, in accordance with Budget Policy D under Financial Reporting and Budget
Administration the City Manager may allocate or designate 75% of over realized Development
Services revenues exceeding adopted budget for the current fiscal year for temporary Development
Services expenditures for the purpose of timely processing of development permit applications in
the current fiscal year or throughout life of applicable projects; and
WHEREAS, in accordance with Budget Policy G under Financial Plan Purpose and
Organization, the Council will formally review the City's fiscal condition, and amend
appropriations if necessary, six months after the beginning of the year; and
WHEREAS, a key component to the Major City Goal for Fiscal Sustainability and
Responsibility is focused on achieving operational efficiencies by doing business differently; and
WHEREAS, an intended outcome of the Fiscal Sustainability Goal is thoughtful
reorganizations to streamline service delivery and enhance organizational effectiveness; and
WHEREAS, additional security needs related to multiple City properties have surfaced
since the adoption of the 2019-20 budget allocation; and
WHEREAS, any and all City Manager authorized allocations and funds set aside in a
designation for future use, shall be reported to the Council on a semi-annual basis; and
NOW, THEREFORE, BE IT RESOLVED by the Council of the City of San Luis Obispo
as follows:
SECTION 1. The 2019-20 budget is hereby amended to appropriate $380,000 of the
City's Capital Reserve to begin security related projects for multiple City properties.
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Resolution No. 11088 (2020 Series) Page 2
SECTION 2. The 2019-20 budget is hereby amended to appropriate $179,910 of over
realized development services revenue to the development services designation.
Upon motion of Council Member Christianson, seconded by Council Member Stewart, and
on the following roll call vote:
AYES:
NOES:
ABSENT:
Council Member Christianson, Pease, Stewart, Vice Mayor Gomez and
Mayor Harmon
None
None
The foregoing resolution was adopted this 18 1h day of February 2020.
ATTEST:
City Clerk
J. Chr stine Dietrick
\..__../'·City Attorney
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City
of San Luis Obispo, California, this zgtH day of. , 2020.
eresa Purrington
City Clerk
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