RESOLUTION NO. _____________
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF FOSTER CITY APPROVING THE CARRYOVER OF VARIOUS UNSPENT FISCAL YEAR 2023-24
BUDGET LINE ITEMS AS SUPPLEMENTAL APPROPRIATIONS TO THE FISCAL YEAR 2024-25 BUDGET
CITY OF FOSTER CITY
WHEREAS, due to various circumstances and conditions, City staff was unable to complete various FY 2023-24 tasks and projects and/or these work plan items needed to be extended into FY 2024-25; and
WHEREAS, this resulted in unspent FY 2023-24 budget appropriations associated with these work plan items that City staff is requesting to be carried over to FY 2024-25 (as enumerated in Exhibit A) so that they may be completed in the current fiscal year; and
WHEREAS, the City Council has reviewed and evaluated the proposed FY 2023- 24 budget carryovers to FY 2024-25 that was submitted and recommended by the City Manager; and
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Foster City that the carryover of various unspent FY 2023-24 budget line items as enumerated in Exhibit A is hereby approved as supplemental appropriations to the FY 2024-25 budget.
PASSED AND ADOPTED as a resolution of the City Council of the City of Foster City at the regular meeting held on the 19th day of August 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