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HomeMy WebLinkAboutR-11017 superseded by 11026 - approving the 2019-21 Financial Plan and 2019-20 BudgetR-11017 This resolution was superseded prior to execution. See resolution R--40 from the June 18, 2019 City Council Meeting RESOLUTION NO. 11017 (2019 SERIES) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN LUIS OBISPO, CALIFORNIA, APPROVING THE 2019-21 FINANCIAL PLAN AND 2019-20 BUDGET WHEREAS, in accordance with San Luis Obispo Charter Section 802, the City Manager has submitted the 2019-21 Financial Plan (Exhibit 1) to the Council for its review and consideration consistent with budget policies and objectives established by the Council; and WHEREAS, the 2019-21 Financial Plan is based upon extensive public comment and direction of the Council after scheduled budget workshops and public hearings; and WHEREAS, the 2019-21 Financial Plan — 2019-20 Budget includes the City's appropriation limit according to California Constitution Article XI11B. NOW, THEREFORE, BE IT RESOLVED, by the Council of the City of San Luis Obispo as follows: SECTION 1. The 2019-21 Financial Plan is hereby approved and that the operating, debt service, and capital improvement plan budget for the fiscal year beginning July 1, 2019 and ending June 30, 2020 is hereby adopted. SECTION 2. The City Manager is hereby delegated authority to allocate funds from assigned fund balances where assignment of funds for an intended use was previously approved by the Council. SECTION 3. The City Council approves the appropriation limit as set forth on page 421 of the 2019-21 Financial Plan — 2019-20 Budget. R 11017 Resolution No. 11017 (2019 Series) Page 2 SECTION 4. The City's adopted fee schedule is adjusted by 3.3% which reflects the All Urban Consumer Price Index, Los Angeles area — based on the change from April 2018 - April 2019 and the Council hereby establishes a pedicab fee that is 50% of the published fee for all other taxi applications and is set at $114.75 for the 2019-2020 Fiscal Year. On motion of Council Member Christianson, seconded by Vice Mayor Pease, and on the following vote: AYES: Council Members Christianson, Gomez, and Stewart, Vice Mayor Pease and Mayor Harmon NOES: None ABSENT: None The foregoing resolution was adopted this 4th day of June 2019. Mayor Heidi Harmon ATTEST: Teresa Purrington, City Clerk APPROVED: Christine 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 day of . Teresa Purrington City Clerk R 11017