Cities Index.
Attachment 2 - EMID Resolution

Foster City City Council
August 19, 2024

Document
Attachment 2 - EMID Resolution
Meeting
August 19, 2024
Body
Foster City City Council
Original file
35 KB
Text extracted from the city's file for reading and search. Open the original on fostercity.primegov.com. That file is the official record.

RESOLUTION NO. _____________

A RESOLUTION OF THE BOARD OF DIRECTORS OF THE ESTERO MUNICIPAL

IMPROVEMENT DISTRICT APPROVING THE CARRYOVER OF VARIOUS UNSPENT FISCAL YEAR 2023-24 BUDGET LINE ITEMS AS SUPPLEMENTAL
APPROPRIATIONS TO THE FISCAL YEAR 2024-25 BUDGET

ESTERO MUNICIPAL IMPROVEMENT DISTRICT
WHEREAS, due to various circumstances and conditions, District 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 District 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 Board of Directors has reviewed and evaluated the proposed FY 2023-24 budget carryovers to FY 2024-25 that was submitted and recommended by the District Manager; and
NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Estero Municipal Improvement District 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 Board of Directors of the Estero Municipal Improvement District at the regular meeting held on the 19 th day of August 2024, by the following vote:

AYES:

NOES:

ABSENT:

ABSTAIN:
________________________________________

PATRICK SULLIVAN, PRESIDENT
ATTEST:
_______________________________________

PRISCILLA SCHAUS, DISTRICT SECRETARY

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