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CITY OF SAN LEANDRO AND <br />REDEVELOPMENT AGENCY <br />STAFF REPORT <br />DATE: <br />TO: <br />FROM: <br />January 27, 2009 <br />Stephen L. Hollister, City Manager/ <br />Executive Director <br />APPROVED AND <br />FORWARDED <br />TO CITY COUNCIL/ <br />REDEVELOPMENT AGENCY <br />Stephen L. Hollister <br />City Manager/Executive Director <br />Perry H. Carter, Interim Finance Director <br />SUBJECT: MATTER OF FISCAL YEAR 2007-08 YEAR-END BUDGET AMENDMENT <br />TO REFLECT YEAR-END ADJUSTMENTS TO THE CITY OF SAN <br />LEANDRO AND REDEVELOPMENT AGENCY BUDGETS. <br />SUMMARY AND RECOMMENDATION: <br />As part of the City's year-end financial closing process, staff recommends adoption of <br />resolutions approving year-end budget adjustments and changes for the fiscal year just ended. <br />For Fiscal Year 2007-08, year-end budget amendments were reviewed by the Finance <br />Committee and recommended for City Council and Redevelopment Agency approval. <br />BACKGROUND <br />The attached Year-End Budget Amendment Fiscal Year 2007-08 includes the following two <br />schedules that present both summary and detailed (by fund) recommended year-end budget <br />adjustments to the City of San Leandro and Redevelopment Agency Budgets for Fiscal Year 2007- <br />08. <br />Schedule A: Fiscal Year 2007-08 BudFetAdiustments by Fund <br />This schedule gives a summary of recommended Fiscal Year 2007-08 year-end budget adjustments <br />by fund. <br />Schedule B: Fiscal Year 2007-08 Recommended Budget Adjustments <br />This schedule provides detail on recommended expenditure and revenue adjustments and their <br />specific funding sources. <br />Current City Council Policy <br />City Council approves all adjustments to the City's revenue and expenditure appropriations. <br />Previous City Council Action(s) <br />The City Council adopted the Fiscal Year 2007-08 budget in June 2007. <br />