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HomeMy WebLinkAboutReso - CC - 046-2007RESOLUTION NO. Ar,_?no7 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BURLINGAME ADOPTING OPERATING AND CAPITAL IMPROVEMENT BUDGETS FOR THE CITY OF BURLINGAME FISCAL YEAR ENDING JUNE 30, 2008 RESOLVED by the CITY COUNCIL of the CITY OF BURLINGAME that: WHEREAS, the City prepares an annual budget to plan expenditures in light of expected revenues; and WHEREAS, the City Council has received the proposed budget from the City Manager, conducted public study sessions on January 27, 2007, February 28, 2007, March 19, 2007, and May 30, 2007, and conducted a public hearing on June 18, 2007, and the Council has received and considered all testimony and documentation submitted in connection with the budget; and WHEREAS, the proposed budget as submitted and amended makes wise choices in spending and funding among competing programs and services, NOW, THEREFORE, IS ORDERED AS FOLLOWS: 1. The operating and capital improvement budget requirements for the coining year of the City of Burlingame as detailed in the copy of the Budget on file in the Office of the City Clerk are hereby adopted for the City of Burlingame for the fiscal year ending June 30, 2008. 2. The budget total is $78,579,303 and consists of: General Fund of $38,219,519; Water, Sewer, Parking, and Waste Enterprises $23,420,879; Capital Improvement Fund $12,448,000; and Financing Authority and Shuttle Grant $4,490,905. �:2A &LkA Mayor tj I, DORIS MORTENSEN, City Clerk of the City of Burlingame, do hereby certify that the foregoing resolutions were introduced at a regular meeting of the City Council held on the _L$th day of �„we , 2007, and was adopted thereafter by the following vote: AYES: COUNCILMEMBERS: BAYLOCK, COHEN, KEIGMUN, NAGEL, O'MAHONY NOES: COUNCILMEMBERS: NONE ABSENT: COUNCILMEMBERS: NONE Clerk 2