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File Number: 15-315 <br />$3.6 million, respectively. These transfers reflect the City’s commitment to comply with the <br />voters directives regarding the use of Measure HH funds. <br />In addition to the General Fund, the City maintains other key revenue funds that range from <br />the Water Pollution Control Plant to Special Revenue funds. Multi-year forecasts for each <br />fund, for the most part, show these funds to be balanced in terms of available resources and <br />projected requirements for both fiscal years. There are, however, certain funds that will <br />require additional attention in order to achieve long-term financial stability. <br />The Parking Fund is the only fund that is projected to be in deficit for 2015-16 and 2016-17. A <br />parking rate survey is currently being conducted with the results to be reported later in <br />calendar year 2015. Any parking rate changes will be proposed to Council in efforts to <br />balance this fund and staff will continue to monitor program costs. <br />Current City Council Policy <br />·Article V of the City of San Leandro Charter requires the City Manager to submit the <br />Proposed Budget to the City Council at least thirty-five days prior to the beginning of each <br />fiscal year and for Council to adopt the Budget following a Public Hearing, by no later than <br />June 30th. <br />Previous City Council Actions <br />·January 31, 2015 City Council Planning Session established goals for the new fiscal year’s <br />Biennial Budget and reviewed the overall biennial budget and forecast assumptions. <br />·March 23, 2015 City Council held a Budget Work Session on the proposed 2015-16 and <br />2016-17 Biennial Budget: General Fund preliminary budget and multi-year forecast, and <br />Capital Improvement Program. <br />·April 20, 2015 City Council held a Council meeting that included the proposed 2015-16 <br />and 2016-17 Biennial Budget: General Fund follow-up items, and All Other Revenue <br />Funds. <br />·May 4, 2015 City Council held a Public Hearing and approved the increases in fees and <br />charges for City department services for fiscal year 2015-16 and the annual CPI <br />adjustment to the City’s EMS Tax, 9-1-1 Tax and the Business License Tax. <br />·May 11, 2015 City Council received the City Manager’s 2015-16 and 2016-17 Proposed <br />Biennial Budget document. <br />·May 18, 2015 City Council discussed the proposed Biennial Budget. <br />Summary of Advisory Committee Review/Public Outreach Efforts <br />All City Council meetings were properly noticed in accordance with the City Charter and <br />California law. <br />Fiscal Impact <br />The 2015-16 and 2016-17 proposed Biennial Budget for all City funds is $141.8 million and <br />$148.3 million, respectively. The 2015-16 and 2016-17 proposed Biennial Budget for the <br />General Fund Budget is $93.5 million and $95.2 million, respectively. <br />Budget Authority <br />·The Charter of the City of San Leandro. <br />Page 3 City of San Leandro Printed on 5/27/2015