RESOLUTION NO. _____________
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF FOSTER CITY APPROVING THE FISCAL YEAR 2025-2026 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 2025-2026 fiscal year ending June 30, 2026, 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, including transfers between departments, except that any transfers between funds must be approved by the City Council.
3. The City Manager is hereby authorized to make administrative corrections to the adopted budget FY 2025-2026, including but not limited to corrections of typographical errors, formatting, account coding, and other non- substantive revisions that do not change the total appropriations or materially alter the intent of the budget as adopted by the City Council.
4. 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 16th day of June, 2025, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
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STACY JIMENEZ, MAYOR
ATTEST:
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PRISCILLA SCHAUS, CITY CLERK