RESOLUTION R2023-__
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NAPA, STATE OF CALIFORNIA, APPROVING THE FISCAL POLICY WHEREAS, on June 21, 2022, the City Council adopted the Fiscal Policy as Exhibit “E” of the FY 2022/23 budget; and WHEREAS, City staff has conducted a full review of the current Fiscal Policy and revised to add definitions, increase clarity and consistency, and update policy to match current goals; and WHEREAS, the City Council has considered all information related to this matter, as presented at the public meetings of the City Council identified herein, including any supporting reports by City staff, and any information provided during public meetings.
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Napa, as follows:
The City Council hereby finds that the facts set forth in the recitals to this resolution are true and correct, and establish the factual basis for the City Council’s adoption of this resolution.
The City Council hereby approves the Fiscal Policy, attached hereto and incorporated herein by reference, identified on Exhibit “A.” In accordance with Resolution R2016-162, the City Council hereby authorizes the City Clerk to organize and publish this resolution and Fiscal Policy as a part of the City Council Policy Resolutions.
This Resolution shall take effect immediately upon its adoption.
I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the City Council of the City of Napa at a public meeting of said City Council held on the 20th day of June, 2023, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
ATTEST: ________________________
Tiffany Carranza
City Clerk
Approved as to form:
_________________________
Michael W. Barrett
City Attorney
R2023-__ Page 1 of 3 June 20, 2023
ATTACHMENT 1
EXHIBIT C
Schedule of Funds