CITY OF ALAMEDA RESOLUTION NO. _______
APPROVING AND ADOPTING MIDCYCLE OPERATING BUDGET AMENDMENT FOR THE RENT PROGRAM TO THE CITY OF ALAMEDA BUDGET FOR FISCAL YEAR 2026-27 WHEREAS, the Biennial Budget for Fiscal Year 2025-26 and 2026-27 was adopted by Resolution No. 16282 on June 17, 2025, which is the financial plan for conducting the affairs of the City of Alameda and its Successor Agency; and WHEREAS, staff conducts a periodic review of the status of revenues and expenditures as adopted in the Biennial Budget to verify that allocations remain accurate and reflective of the City’s current financial experience; and WHEREAS, the expenditures provided in the said budget are within the expenditure limitation imposed by Article XIIIB of the California Constitution; and WHEREAS, the City Council has considered this budget at duly noticed special meetings of the City Council, at which time any and all members of the public were afforded an opportunity to express their views; and WHEREAS, the City Council has given this budget due consideration as to its projected revenues, anticipated expenditures, and available fund balances; and WHEREAS, this budget ensures that the City of Alameda, including all funds, entities and component units, has exercised prudent judgment in its fiduciary responsibility as guardians of the public tax dollars.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Alameda that said midcycle budget amendments as submitted to the City Council at this meeting and attached to this resolution are hereby approved, adopted, and incorporated into the operating budget for the Rent Program of the City of Alameda for FY 2026-27:
The proposed FY 2026-27 Midcycle Budget Amendment for the Rent Program, as submitted by the City Manager as set forth in the Staff Report accompanying this Resolution is incorporated herein by this reference. * * * * *
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 2nd day of June 2026, 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 3rd day of June 2026. ___________________
Lara Weisiger, City Clerk
City of Alameda
APPROVED AS TO FORM:
______________________________
Yibin Shen, City Attorney
City of Alameda