Resolution 2022-XX Page 1 of 3
RESOLUTION NO. 2022-XX
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF FREMONT
APPROVING AND ADOPTING THE CITY'S OPERATING BUDGET
FOR THE FISCAL YEAR JULY 1, 2022 THROUGH JUNE 30, 2023
WHEREAS, the City Manager has prepared a proposed operating budget for the fiscal year ending June 30, 2023 (the “Proposed Budget”), a copy of which is on file in the office of the City Clerk; and
WHEREAS, the City Council has examined the Proposed Budget, has conferred with the City Manager and appropriate staff in public sessions, and has deliberated and considered the Proposed Budget during public hearings.
NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF FREMONT HEREBY RESOLVES AS FOLLOWS:
SECTION 1. The City Council hereby approves and adopts the City of Fremont, Fiscal Year 2022/23 Adopted Operating Budget, in substantial conformance with the Proposed Budget and as modified and directed by the City Council. The City Manager is directed to prepare the final budget document, as amended and adjusted by the City Council, which shall be formally known as the “City of Fremont, Fiscal Year 2022/23 Adopted Operating Budget” and may be referred to as “the Operating Budget,” and a copy of the Operating Budget shall be filed in the office of the City Clerk.
SECTION 2. The City Manager is hereby authorized to implement the Operating Budget as set forth in this resolution and provided in the Budget documents approved by the Council. The City Manager may delegate this authority to the Finance Director, or other designated City employees, as appropriate.
SECTION 3. The City Manager is authorized to transfer appropriations as needed from savings available in any account in the Operating Budget to any other accounts within the same fund to meet overall Operating Budget requirements.
SECTION 4. The City Manager is authorized to transfer among various funds, amounts designated as “Transfers” in the Operating Budget, in increments and at intervals determined by the City Manager.
SECTION 5. The City Manager is authorized to increase appropriations for Fiscal Year 2022/23 expenditures in an amount not to exceed the amount of funds encumbered, but not yet expended, from Fiscal Year 2021/22. The actual amount of the increased appropriations due to encumbrances will be reported to the City Council as part of the Fiscal Year 2021/22 year- end financial report.
Resolution 2022-XX Page 2 of 3
SECTION 6. When revenue estimates for the Development Services Cost Center exceed the amount identified in the Budget due to increases in development and fee activity as verified by the Finance Director, the City Manager is authorized to increase appropriations for Fiscal Year 2022/23 expenditures, in an amount not to exceed the amount of the increased revenue.
Any increased appropriation shall be documented in writing by the City Manager, filed with the Finance Director, and reported to the City Council as part of the Fiscal Year 2022/23 year-end financial report. The multiplier used to calculate billing rates for planning services and engineering services provided by the Development Services Cost Center will be 3.25.
SECTION 7. When revenue estimates for the Recreation Cost Center exceed the amount identified in the Budget due to increases in recreation fee activity as verified by the Finance Director, the City Manager is authorized to increase appropriations for fiscal year 2022/23 expenditures in an amount not to exceed the amount of increased revenue. Any increased appropriation shall be documented in writing by the City Manager, filed with the Finance Director, and reported to the City Council as part of the fiscal year 2022/23 year-end financial report.
SECTION 8. When revenue estimates exceed the amount identified in the Budget due to increases in grant or fee revenues as verified by the Finance Director, the City Manager is authorized to increase appropriations for fiscal year 2022/23 expenditures in an amount not to exceed the amount of increased revenue. Any increased appropriation shall be documented in writing by the City Manager, filed with the Finance Director, and reported to the City Council as part of the fiscal year 2022/23 year-end financial report.
SECTION 9. When higher than anticipated revenue activity in the General Fund results in increased costs to directly support that activity (e.g., automated traffic enforcement), the City Manager is authorized to increase appropriations for fiscal year 2022/23 expenditures in an amount not to exceed the amount of increased revenue. Any increased appropriation shall be documented in writing by the City Manager, filed with the Finance Director, and reported to the City Council as part of the fiscal year 2022/23 year-end financial report.
SECTION 10. The City Manager is authorized to appropriate and transfer funds from the General Fund, or other funds from which personnel costs are budgeted, to the Risk Management Fund in the amounts necessary to maintain adequate funding of the workers’ compensation and general liability reserves, based on the actuarial valuation reports for these programs as of June 30, 2022, to the extent that the necessary amounts are available as unencumbered ending fund balance.
SECTION 11. The City Manager is instructed to use restricted funding sources in accordance with the requirements of the funding sources prior to using funds with unrestricted resources in order to allow the City the greatest flexibility in meeting its financial obligations.
SECTION 12. As part of the City’s Operating Budget, each Councilmember is authorized $6,500, and the Mayor is authorized $20,000, for Council travel and expense reimbursement, to be utilized in accordance with the Council Travel Budget and Expense Reimbursement Policy.
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SECTION 13. The City Manager is instructed to implement all policies contained in the “Policies” section of the Budget.
SECTION 14. This resolution shall take effect immediately upon its adoption.
ADOPTED _______, 2022, by the City Council of the City of Fremont, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
Mayor
ATTEST: APPROVED AS TO FORM:
City Clerk City Attorney