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City of San Leandro <br />Meeting Date: December 14, 2020 <br />Staff Report <br />Agenda Section:File Number:20-587 CONSENT CALENDAR <br />Agenda Number:8.P. <br />TO:City Council <br />FROM:Jeff Kay <br />City Manager <br />BY:Susan Hsieh <br />Finance Director <br />FINANCE REVIEW:Susan Hsieh <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 2020-21 General Fund, Special <br />Revenue Funds, Enterprise Funds, and Internal Service Funds Budget <br />SUMMARY AND RECOMMENDATION <br />Staff recommends that the City of San Leandro City Council review and approve the Fiscal Year <br />2020-21 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 current Fiscal Year 2020-21 Budget on June 15, 2020. <br />DISCUSSION <br />Attachments 1 and 2 include summary and detail of items that were included in the Fiscal Year <br />2019-20 adopted budget that were not spent or completed and need to be carried over to Fiscal <br />Year 2020-21. The Summary Report includes information regarding Expenditure Adjustments and <br />Net Changes in Fund Balance. The Detailed Report includes the same information, but also <br />provides complete descriptions regarding the purpose of the adjustments. <br />FISCAL IMPACT <br />The projected ending fund balance for the General Fund and Other Funds in Fiscal Year 2019-20 <br />Page 1 City of San Leandro Printed on 12/9/2020 <br />217