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HomeMy WebLinkAboutReso - CC - 055-2004RESOLUTION NO. 55-2004 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, 2005 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 a public study session on January 24, 2004, and June 1, 2004, and conducted a public hearing on June 21, 2003, and the Council has received 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 coming 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, 2005. 2. The budget total is $65,209,759 and consists of: General Fund of $34,006,894; Water, Sewer, Parking, and Waste Enterprises $18,994,131; Capital Improvement Fund $10,522,000; and Financing Authority and Shuttle Grant $1,686,734. fk.O'4 Mayor I, ANN T. MUSSO, 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 21st day of .Tune 2004, and was adopted thereafter by the following vote: AYES: COUNCILMEMBERS: EAYLOCK, COFFEY, GALLIGAN, O'NARONY NOES: COUNCILMEMBERS: NONE ABSENT: COUNCILMEMBERS: NAGEL 'e�A City Clerk