RESOLUTION NO. (XX)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COTATI ADOPTING THE FISCAL YEAR 2024/25 BUDGET, INCLUSIVE OF THE 5 YEAR CIP WHEREAS, the City Council had previously held duly noticed study sessions on February 20, April 2, and May 13, 2024, and provided the opportunity for and received public comments on the Fiscal Year 2024/25 Proposed Budget; and
WHEREAS, the Planning Commission reviewed and found the 5 year CIP in conformance with the City’s General Plan at the April 15, 2024 Planning Commission meeting; and WHEREAS, adoption of a budget prior to the beginning of the new fiscal year is required to ensure the uninterrupted operation necessary for City services; and WHEREAS, the action of adopting an annual budget does not constitute a project as defined by California Environmental Quality Act (“CEQA”) and CEQA Guidelines Section 15378; therefore, no environmental review is required.
NOW THEREFORE BE IT RESOLVED, that the City Council of Cotati:
1. Adopts the proposed budget for Fiscal Year 2024/25 as the effective budget as of July 1, 2024.
2. Authorizes the City Manager to make expenditures and enter into agreements conforming to this Budget and to adjust between various accounts within each budget department and fund, limited to the total amount budgeted for said department and/or fund.
3. Authorizes unexpended appropriations from the Fiscal Year 2023/24 budget to be carried forward to the next fiscal year, provided the funds have been previously encumbered for a specific purpose, or apply to authorized but uncompleted capital projects.
4. Amends the current year budget, Fiscal Year 2023/24, to equal the estimated actuals for the current year.
5. Authorize the City Manager, or their designee, to make minor typographical (nonfinancial) edits as may be required for budget award application.
6. This Resolution shall take effect immediately upon adoption.
IT IS HEREBY CERTIFIED that the foregoing resolution was duly adopted at a regular meeting of the City Council of the City of Cotati held on June 25, 2024, by the following vote, to wit:
Approved:___________________________
Mayor
Attest:______________________________
Kevin Patterson, Deputy City Clerk
Approved as to form:______________________________
City Attorney