HomeMy WebLinkAboutR-10598 2014-15 Mid-Year Budget ChangesRESOLUTION NO. 10598 (2015 Series)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN LUIS
OBISPO, CALIFORNIA, APPROVING CHANGES TO THE 2014 -15
BUDGET, INCLUDING THE APPROVAL OF SUPPLEMENTAL
FUNDING REQUESTS
WHEREAS, on June 17, 2014 the City Council approved the 2014 -15 budget; and
WHEREAS, in accordance with the City's Budget and Fiscal Policies, staff has
completed a review of the city's revenue and expenditure trends and has developed revised
budget amounts which are explained and compiled in the Mid -Year Budget Review; and
WHEREAS, the City Manager has recommended the approval of five supplemental
funding requests received from the Administration, Public Works, and Fire Departments.
NOW, THEREFORE, BE IT RESOLVED by the Council of the City of San Luis
Obispo that:
a) The revised revenue and expenditure forecast amounts for 2014 -15 identified in
the Mid -Year Budget Review presented on this date are hereby adopted as the
revised budget for 2014 -15.
b) The supplemental funding requests for the operating programs of the Fire and
Administration Departments and the Capital Program, with the elimination of
funding for REOC compensation, are hereby approved.
c) The City Manager is hereby directed to make modifications to work programs,
policies, and other components of the Financial Plan to reflect consistency with
funding approvals set forth in this resolution.
Upon motion of Council Member Christianson, seconded by Council Member Carpenter, and on
the following roll call vote:
AYES: Council Members Carpenter, Christianson and Rivoire,
Vice Mayor Ashbaugh and Mayor Marx
NOES: None
ABSENT: None
R 10598
Resolution No. 10598 (2015 Series)
Page 2
The foregoing resolution was adopted this 17th day of February, 2015.
May r an Marx
ATTEST:
t
tlthony ejia,
City Clerk
APP VED AS JX I -'ORM:
Xrj�.tine Dietr
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 � " day of F-! br,j a r .=_ ,
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