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HomeMy WebLinkAboutr10280budgetfinancialplanapprovalRESOLUTION NO . 10280 (2011 SERIES ) A RESOLUTION OF THE CITY OF SAN LUIS OBISPO APPROVIN G THE 2011-13 FINANCIAL PLAN AND 2011-12 BUDGE T WHEREAS,the City Manager has submitted the 2011-13 Financial Plan to the Counci l for its review and consideration in accordance with budget policies and objectives established b y the Council ; and WHEREAS,the 2011-13 Financial Plan is based upon extensive public comment an d direction of the Council after fourteen scheduled budget workshops and public hearings . NOW, THEREFORE, BE IT RESOLVED by the Council of the City of San Lui s Obispo that the 2011-13 Financial Plan is hereby approved and that the operating, debt servic e and capital improvement plan budget for the fiscal year beginning July 1, 2011 and ending Jun e 30, 2012 is hereby adopted . Upon motion of Vice Mayor Ashbaugh, seconded by Council Member Carter, and on th e following vote : AYES : Council Member Carter, Vice Mayor Ashbaugh and Mayor Mar x NOES : Council Members Carpenter and Smit h ABSENT : Non e The foregoing resolution was adopted this 21 st day of June 2011 . Vice Mayor John Ash ug h ATTEST : Elaina Can o City Cler k APPROVED AS TO FORM : R 10280