CITY OF ALAMEDA RESOLUTION NO. _____
APPROVING A FISCAL YEAR 2023 -24 BUDGET AMENDMENT RE -
APPROPRIATING FUNDS IN THE FLEET REPLACEMENT FUND
(FUND 601) IN THE AMOUNT OF $1,440,571 FROM FISCAL YEAR 2022-23 TO FISCAL YEAR 2023-24
WHEREAS, due to limited ordering windows and supply shortages, not all necessary City fleet vehicle replacements authorized in Fiscal Year (FY) 2022 -23 were able to be executed by June 30, 2023; and
WHEREAS, vehicle replacement funds budgeted in FY 2022-23 that are not spent or encumbered with a purchase order by June 30, 2023 return to the fund balance of the Fleet Replacement Fund until appropriated by City Council; and
WHEREAS, the City is still in need of these necessary fleet vehicle replacements.
NOW, THEREFORE, BE IT RESOLVED, that the Finance Director is hereby authorized to re-appropriate $1,440,571 in unspent fleet replacement funds (Fund 601) from the FY 2022-23 budget to the FY 2023-24 budget; and
BE IT FURTHER RESOLVED, that the Public Works Director or designee is hereby authorized to use carried over budget funds in the amount of $1,440,571 for the purposes for which they were budgeted in FY 2022-23; and
BE IT FURTHER RESOLVED, that the source of funding for these re - appropriations are the balances remaining in the Fleet Replacement Fund (601) as of June 30, 2023.
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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 5th day of July 2023, by the following vote to wit:
AYES:
NOES:
ABSENT:
ABSTENTIONS:
IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the official seal of said City this 6th day of July 2023.
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Lara Weisiger, City Clerk
City of Alameda
Approved as to form:
Yibin Shen, City Attorney
City of Alameda