Loading...
HomeMy WebLinkAboutReso 46-19 Adopting FY 2019-2020 Fiscal YR Operating and Capital BudgetsRESOLUTION NO. 46-19 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MORRO BAY, CALIFORNIA, ADOPTING THE FY 2019120 FISCAL YEAR OPERATING AND CAPITAL BUDGETS THE CITY COUNCIL City of Morro Bay, California WHEREAS, the City of Morro Bay is required to appropriate and expend funds, to conduct the day- to-day business activity of the City; and WHEREAS, the Morro Bay City Council finds and determines those appropriations and expenditures are necessary for continued efficiency, economy, and effectiveness of the City government operations; and WHEREAS, the City Council recognizes Capital Improvement Projects, authorized and approved in the current and prior fiscal years, may not be completed by June 11, 2019; and WHEREAS, the continuing efforts of staff to operate the business of the City, within an approved budget, and to create savings, wherever feasible, are acknowledged by the City Council, NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Morro Bay, California: 1. The Fiscal Year 2019/20 Operating and Capital Budgets, including any amendments made during the City Council meeting dated June 11, 2019, are adopted and incorporated herein by reference; and 2. Staff is directed to prepare and publish a final budget document, with approved amendments; and 3. Subject to paragraph 4, below, the City Manager is authorized to transfer appropriations within the adopted budget, including from and to capital projects or capital outlay items, so long as those changes do not significantly and negatively prevent implementation of any City Council direction or policy, and total appropriations are not exceeded; and 4. City Council approval is required to transfer appropriations between funds and may approve amendments to adopted budget by adoption of one or more resolutions; and 5. City Council authorizes and directs the transfer of balances for capital projects, approved in the current and prior fiscal years, but not completed by June 30, 2019, to the Capital Improvement Project Fund(s) for the FY 2019/20 fiscal year; and 6. City Council approval is required for any proposed increase to the number of CalPERS benefited, budgeted positions, hired; and 7. In the FY 09/10, the City Council deferred Management Employees' 3% COLA. The Management Employees thank the City Council for returning '/z% of that deferral in FY 2013/14. In FY 2014/15, the Management Employees agreed to waive 1 Y2% of the deferral, retaining 1 % for future City Council consideration. For FY 2019/20, Management and Confidential Employees will receive a 2% COLA; and 8. Per City Council minute order May 24, 2004, any expenditures, in excess of the assessments received for the Cloister Assessment District, will be subsidized by the General Fund, without additional request made to the City Council; and 9. The City Council is committed to supporting Tourism and Marketing efforts within the City, and will continue to do so with the FY 2019/20 budget, per Resolution No. 4819 adopted by the City Council on the same date as this resolution. PASSED AND ADOPTED, by the City Council of the City of Morro Bay, at a regular meeting thereof held on the 11th day of June 2019, by the following vote: AYES: NOES: ABSENT ATTEST: Headding, Addis, Davis, Heller, McPherson None None NA SWANSON, City Clerk