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City of San Leandro <br />Meeting Date: June 15, 2020 <br />Staff Report <br />Agenda Section:File Number:20-227 PUBLIC HEARINGS <br />Agenda Number:5.A. <br />TO:City Council <br />FROM:Jeff Kay <br />City Manager <br />BY:Liz Warmerdam <br />Interim Finance Director <br />Assistant City Manager <br />FINANCE REVIEW:Liz Warmerdam <br />Interim Finance Director <br />TITLE:Staff Report for a City of San Leandro City Council Resolution for a Public <br />Hearing and Adoption of the Proposed Final Fiscal Year 2020-21 Budget <br />including Revenue and Expenditure Appropriations (for the General Fund, <br />Special Revenue Funds, Enterprise Funds, and Internal Service Funds) <br />SUMMARY AND RECOMMENDATIONS <br />Staff recommends the City Council conduct a public hearing and take public testimony regarding <br />the Proposed Final Budget including revenue and expenditure appropriations for Fiscal Year (FY) <br />2020-2021. At the conclusion of the public hearing, staff recommends approving the resolution <br />including amendments to the approved Biennial Budget for Fiscal Years 2019-2020 and <br />2020-2021 and appropriations for FY 2020-2021 (no change to the Public Financing Authority <br />Fund or the Successor Agency Funds). <br />BACKGROUND <br />The City Council approved the FYs 2019-2020 and 2020-2021 Biennial Budget on June 3, 2019. <br />The approved biennial budget is the City’s plan for resource allocation that guides and insures <br />implementation of City Council policies and priorities. The budget implements the City Council’s <br />vision and direction for the broad range of services meeting the needs of the community. <br />The plan and vision of the Biennial Budget for FY 2019-20 and 2020-2021 unfolded on target <br />through December 31, 2019 and into the late winter. In mid-March 2020, the impacts of the <br />COVID-19 pandemic became fully apparent nationally, in the Bay Area, and in San Leandro. The <br />precautionary measures recommended to control the COVID-19 pandemic directly impacted all <br />City residents and businesses, the City organization, and the delivery of City services. <br />The curtailment of City services on March 16, 2020, and the unprecedented loss of revenues <br />stemming from the COVID-19 pandemic and related economic slowdown is anticipated to impact <br />the City’s financial condition from March 2020 at least through the entirety of FY 2020-2021. <br />Page 1 City of San Leandro Printed on 6/10/2020 <br />16