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City of San Leandro <br />Meeting Date: September 18, 2017 <br />Staff Report <br />Agenda Section:File Number:17-519 CONSENT CALENDAR <br />Agenda Number:8.G. <br />TO:City Council <br />FROM:Chris Zapata <br />City Manager <br />BY:David Baum <br />Finance Director <br />FINANCE REVIEW:David Baum <br />Finance Director <br />TITLE:Staff Report for a Resolution Approving a Budget Amendment to the City’s Fiscal <br />Year (FY) 2016-17 and 2017-18 General Fund, Special Revenue Funds, <br />Enterprise Funds, Internal Service Funds, Capital Projects Funds, and Agency <br />Funds Budget <br />SUMMARY AND RECOMMENDATIONS <br />Staff recommends that the City Council review and approve FY 2016-17 and 2017-18 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 a <br />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 2016-17 Budget on June 6, 2016 and has made various <br />adjustments since that date. The current FY 2017-18 Budget was adopted by Council on June 5, <br />2017. <br />DISCUSSION <br />Attachments one and two include summary and detail of budget adjustments that were made to <br />departmental and fund appropriations over the last six months of FY 2016-17 and now require <br />formal Council approval per Adopted Budget Policies. Attachments three and four include <br />summary and detail of items that were included in the FY 2016-17 adopted budget that need to <br />be carried over to 2017-18. Summaries include information regarding Funding Sources, Revenue <br />and Expenditure Adjustments, and Net Changes in Fund Balance. Detail reports include the <br />same information, but also provide complete descriptions regarding the purpose of the <br />Page 1 City of San Leandro Printed on 9/12/2017