Reso 2021-048 Accepting 2020-21 MidYear Budget

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RESOLUTION THE CITY COUNCIL OF THE CITY OF SAN LEANDRO RESOLUTION NO.2021-048 RESOLUTION OF THE CITY OF SAN LEANDRO CITY COUNCIL ACCEPTING THE 2020-21 MID -YEAR FINANCIAL REPORT AS OF DECEMBER 31, 2020 AND APPROVING SECOND QUARTER BUDGET AMENDMENT FOR THE FISCAL YEAR 2020-21 CITY OPERATING BUDGET WHEREAS, the City Council received and considered the Fiscal Year (FY) 2020-21 Mid -Year Financial Report as of December 31, 2020; and WHEREAS, the City Council approves annual budgets based on the best revenue and expenditure information available at the time budgets are prepared; and WHEREAS, budget adjustments are periodically necessary for changes that arise and require additional budget appropriations or re -appropriations between funds or budget line items; and WHEREAS, the City Council adopted the FY 2020-21 Budget on June 3, 2019, amended the budget on June 15, 2020, and approved new budget appropriations since that date amending the FY 2020-21 Budget, and further amending the budget is required at this time. NOW, THEREFORE, the City Council of the City of San Leandro does RESOLVE as follows: That the FY 2020-21 City of San Leandro Budget is hereby amended as described on that certain document, and all attachments to that document, titled "Staff Report for Resolution Accepting FY 2020-21 Mid -Year Financial Report as of December 31, 2020 and Approving the Second Quarter Budget Amendment to the City Operating Budget," copies of which are attached hereto and incorporated herein by reference, and as shown on Attachment 1 to this Resolution, which are incorporated herewith and made a part hereof. Introduced by Councilmember Cox and passed and adopted this 151h day of March 2021, by the following vote: Members of the Council: AYES: Councilmembers Aguilar, Azevedo, Ballew, Cox, Lopez, Simon, Mayor Cutter (7) NOES: None (0) ABSENT: None ATTEST: t'cia guel, City Merk (0)