HomeMy WebLinkAboutReso - CC - 075-2024RESOLUTION NO. 075-2024
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BURLINGAME APPROVING
ADJUSTMENTS TO ESTIMATED REVENUES AND APPROPRIATIONS FOR THE
FISCAL YEAR 2023-24 BUDGET
RESOLVED, by the CITY COUNCIL of the City of Burlingame, California and this Council
does hereby APPROVE and AUTHORIZE the Finance Director & Treasurer to amend the current
Fiscal Year 2023-24 Budget as outlined below to reflect actual fiscal conditions and projections
outlined in the 2024-25 Budget Study Session Staff Report:
Amendments to Estimated Revenues:
General Fund:
Property Tax 225,000
Transient Occupancy Tax 200,000
Other Taxes – Business License 150,000
Other Taxes – Franchise Tax 115,000
Fines, Forfeitures and Penalties 30,000
Use OF Money & Property 50,000
Charges for Services 902,800
State Subventions 38,500
Total General Fund Revenue Amendments 1,711,300
Amendments to Appropriations:
General Fund:
Leisure & Culture 94,680
Total General Fund Appropriation Amendments 94,680
DocuSign Envelope ID: EBFCFB02-00E6-49AE-91AA-8EBE627587E4
Revisions to Transfers In / Out:
Transfer Out from General Fund to Parks &Trees CIP
Cuernavaca Park Athletic Turf Renovation Project 230,000
Transfer Out from General Fund to Parks &Trees CIP
Mills Canyon Landslide Repair Project 1,250,000
Transfer Into Parks & Trees CIP 1,480,000
Total Transfers In/ Out Revisions 1,480,000
_____________________________
Donna Colson, Mayor
I, MEAGHAN HASSELL-SHEARER, City Clerk of the City of Burlingame, do hereby certify that
the foregoing Resolution was adopted at a special meeting of the City Council held on the 22nd
day of May, 2024 and was adopted thereafter by the following vote:
AYES: COUNCILMEMBERS: BEACH, BROWNRIGG, COLSON, PAPPAJOHN, STEVENSON
NOES: COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS: NONE
________________________________
Meaghan Hassel-Shearer, City Clerk
DocuSign Envelope ID: EBFCFB02-00E6-49AE-91AA-8EBE627587E4