RESOLUTION NO. _____________
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF FOSTER CITY APPROVING THE FISCAL YEAR 2024-25 CITY BUDGET
CITY OF FOSTER CITY
WHEREAS, the City Manager is responsible for preparing and submitting a City budget for the operation and improvements of the community; and WHEREAS, the City Council has reviewed and evaluated the proposed budget submitted by the City Manager; and
WHEREAS, the citizens have had an opportunity to review and make additional suggestions to the City Council.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Foster City that:
1. The City budget for the 2024-25 fiscal year ending June 30, 2025, is hereby approved as set forth in the attached Exhibit and incorporated herein.
2. The City Manager is hereby delegated responsibility for the administration of the budget except that transfers between departments must be approved by the City Council.
3. The City Treasurer shall not certify any encumbrance nor execute any payment in excess of department budget appropriations.
PASSED AND ADOPTED as a resolution of the City Council of the City of Foster City at the regular meeting held on the 17th day of June, 2024, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
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PATRICK SULLIVAN, MAYOR
ATTEST:
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PRISCILLA SCHAUS, CITY CLERK