RESOLUTION NO. _____
Resolution Of The City Council Of The City Of Emeryville Amending The Fiscal Year 2024-25 Budget, Amending City Financial Policies, And Transferring Funds And Assigning Funds
WHEREAS, on June 6, 2023, the City Council approved the 2 Year City Budget covering the 2023-24 fiscal year (ending June 30, 2024) and the 2024-25 fiscal year (that will end on June 30, 2025); and
WHEREAS, the City Council may amend the budget as required to adjust for changing circumstances; and
WHEREAS, City departments performed a detailed review and analysis of all revenues. and expenditures during the first half of the 2024-25 Fiscal Year to determine if subsequent budget adjustments were needed for the remaining year; and WHEREAS, based upon a review of revenues received and expenditures incurred as well as additional information currently available, it is necessary to amend the 2024-25 Fiscal Year budget to account for changes to revenues and expenditures; and WHEREAS, it is necessary to amend the 2024-25 Fiscal Year revenue and expenditure budgets to account for changes to revenue and expenditures; now, therefore, be it RESOLVED, by the City Council of the City of Emeryville that the City Council hereby amends the 2024-25 Fiscal Year Budget as shown in Exhibit A – Attachments 1 and 2 2024-25 Detailed Mid-Year Budget Adjustments.
ADOPTED, by the City Council of the City of Emeryville at a regular meeting held Tuesday, April 1, 2025, by the following vote:
AYES:
NOES:
ABSTAIN:
ABSENT:
MAYOR
ATTEST: APPROVED AS TO FORM:
CITY CLERK CITY ATTORNEY
ATTACHMENTS
Exhibit A – 2024-25 Detailed Mid-Year Adjustments – General Fund Exhibit B – 2024-25 Detailed Mid-Year Adjustments – Other Funds Docusign Envelope ID: C50C554E-A63B-474F-A212-28BCF253D3D3