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City of San Leandro <br />Meeting Date: November 18, 2019 <br />Staff Report <br />Agenda Section:File Number:19-525 CONSENT CALENDAR <br />Agenda Number:8.E. <br />TO:City Council <br />FROM:Jeff Kay <br />City Manager <br />BY:David Baum <br />Finance Director <br />FINANCE REVIEW:David Baum <br />Finance Director <br />TITLE:Staff Report for the City of San Leandro City Council to Approve a Resolution for <br />Budget Amendments to the City’s Fiscal Year 2018-19 and 2019-20 General <br />Fund, Special Revenue Funds, Enterprise Funds, Internal Service Funds, Capital <br />Projects Funds, and Agency Funds Budget <br />SUMMARY AND RECOMMENDATION <br />Staff recommends that the City of San Leandro City Council review and approve 2018-19 and <br />2019-20 Budget 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 2018-19 Budget on June 4, 2018 and has made various <br />adjustments since that date. The current 2019-20 Budget was adopted by City Council on June 3, <br />2019. <br />DISCUSSION <br />Attachments 1 and 2 include summary and detail of budget adjustments that were made to <br />departmental and fund appropriations over the last seven months of 2018-19 and now require <br />formal Council approval per Adopted Budget Policies. Attachments 3 and 4 include summary and <br />detail of items that were included in the 2018-19 adopted budget that need to be carried over to <br />2019-20. The Summary Report includes information regarding Funding Sources, Revenue and <br />Expenditure Adjustments, and Net Changes in Fund Balance. The Detailed Report includes the <br />Page 1 City of San Leandro Printed on 11/13/2019 <br />51