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HomeMy WebLinkAboutReso - CC - 042-2010RESOLUTION NO. 42-2010 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BURLINGAME ADOPTING OPERATING AND CAPITAL IMPROVEMENT BUDGETS FOR THE CITY OF BURLINGAME FISCAL YEAR 2010-2011 WHEREAS, each year the City of Burlingame prepares an annual budget which details the City's planned expenditures in light of its expected revenues; and WHEREAS, the City Council has received the proposed budget from the City Manager, conducted a public study session on May 26, 2010, and conducted a public hearing on June 21, 2010, and the Council has received and considered all testimony and documentation submitted in connection with the proposed budget; and WHEREAS, in this time of significant economic recession and falling City revenues, the proposed budget as submitted and amended makes wise choices in spending and funding among competing programs and services; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF BURLINGAME DOES HEREBY RESOLVE AND ORDER AS FOLLOWS: 1. The City of Burlingame operating and capital improvement budget requirements for the coming year as detailed in the copy of the Budget on file in the Office of the City Clerk, are hereby approved and adopted for the 2010-2011 fiscal year. 2. The City of Burlingame budget total is S 86,311,881 and consists of the following: a) General Fund budget: $ 35,443,648 b) Water, Sewer, Parking, Building and Solid Waste Enterprise Funds: $ 27,690,761 c) Capital Improvement Fund: $ 18,715,000 d) Burlingame Financing Authority: $ 4,244,372 e) Shuttle Grant, and PEG $ 218,100 Cathy Baylock, Mayor I, Mary Ellen Kearney, City Clerk of the City of Burlingame, do hereby certify that the foregoing Resolution was introduced at a regular meeting of the Burlingame City Council held on the 21 st day of June, 2010, and was adopted thereafter by the following vote: AYES: Councilmembers: BAYLOCK, BROWNRIGG, DEAL, KEIGHRAN, NAGEL NOES: Councilmembers: NONE ABSENT: Councilmembers: NONE Mary El en Kearney, CiTy Clerk