CITY OF ALAMEDA RESOLUTION No.__________
AMENDING THE CAPITAL BUDGET FOR FISCAL YEARS 2021-23
WHEREAS, on June 15, 2021, the City Council did adopt a budget representing the financial plan for conducting the affairs of the City of Alameda for the Fiscal Year (FY) beginning July 1, 2021 and ending June 30, 2023; and
WHEREAS, on December 13, 2021, a large oak tree fell in Lincoln Park and significantly damaged the playground for 5 to 12-year-old children. The entire playground requires replacement; and
WHEREAS, the adopted budget included an allocation of $2 25,000 from State Park Per Capita Grant funds in FY 2022-23 to replace the Lincoln Park playgro und as part of the Annual Playground Replacement Plan and this funding is proposed to be appropriated to the current fiscal year (FY 2021 -22) to expedite the playground replacement; and
WHEREAS, the Alameda Friends of the Parks Foundation and the communit y raised $100,000 in donations; and
WHEREAS, staff is proposing that the expenditure budget of the Playground Replacement Capital Improvement Project (C52000) be increased by $325,000 for FY 2021-22 and the expenditure budget of the Playground Replacement Capital Improvement Project (C52000) be decreased by $225,000 for FY 2022-23; and
WHEREAS, the Council has considered the report and recommendations of the City Manager on the budget amendments and has determined that the budget amendments are both fair and appropriate; and
WHEREAS, this budget ensures that the City of Alameda has exercised prudent judgment in its fiduciary responsibility as guardian of the public tax dollars.
NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Alameda that the budget amendment to the City’s Playground Replacement Capital Improvement Project (C52000) by increasing the expenditure allocation by $ 325,000 for FY 2021-22 and decreasing the expenditure allocation by $225,000 for FY 2022-23, is approved.
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I, the undersigned, hereby certify that the foregoing Resolution was duly and regularly adopted and passed by the Council of the City of Alameda in a regular meeting assembled on the 19th day of April 2022, by the following vote to wit:
AYES:
NOES:
ABSENT:
ABSTENTIONS:
IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the seal of said City this 20th day of April 2022.
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Lara Weisiger, City Clerk
City of Alameda
APPROVED AS TO FORM:
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Yibin Shen, City Attorney
City of Alameda