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City of San Leandro <br />Meeting Date: October 3, 2016 <br />Staff Report <br />Agenda Section:File Number:16-497 CONSENT CALENDAR <br />Agenda Number:8.F. <br />TO:City Council <br />FROM:Chris ZapataCity Manager <br />BY:David Baum <br />Finance Director <br />FINANCE REVIEW:Not Applicable <br />TITLE:Staff Report for a Resolution Approving a Budget Amendment to the City’s <br />Fiscal Year (FY) 2015-16 and 2016-17 General Fund, Special Revenue <br />Funds, Enterprise Funds, Internal Service Funds, Capital Projects Funds, and <br />Agency Funds Budget <br />SUMMARY AND RECOMMENDATIONS <br />Staff recommends that the City Council review and approve FY 2015-16 and 2016-17 Budget <br />Amendments. <br />BACKGROUND <br />The City Council approves annual budgets based on the best revenue and expenditure <br />information available several months prior to the actual adoption of budget appropriations . As <br />a result, budget adjustments are periodically necessary for changes that arise and require <br />additional budget appropriations or re-appropriations between budget line items . The City <br />Council originally approved the FY 2015-16 Budget on June 1, 2015 and has made various <br />adjustments since that date. The current FY 2016-17 Budget was adopted by Council on June <br />6, 2016. <br />DISCUSSION <br />Attachments 1 and 2 to the Resolution include summary and detail of budget adjustments that <br />were made to departmental and fund appropriations over the last six months of FY 2015-16 <br />and now require formal Council approval per Adopted Budget Policies. Attachments 3 and 4 <br />include summary and detail of items that were included in the FY 2015-16 adopted budget <br />that need to be carried over to 2016-17. Attachments 5 and 6 include summary and detail of <br />budget adjustments that were made to departmental and fund appropriations over the first two <br />months of FY 2016-17 and require formal Council approval per Adopted Budget Policies. <br />Summaries include information regarding Funding Sources, Revenue and Expenditure <br />Page 1 City of San Leandro Printed on 9/27/2016