CITY OF SAN MATEO
RESOLUTION NO. ____ (2024)
AUTHORIZING A BUDGET TRANSFER IN THE CAPITAL PROJECT FUND OF $600,000 FROM WET
WEATHER PREPARATION ACTIVITIES PROJECT TO THE STORMWATER SYSTEM MANAGEMENT AND
IMPROVEMENT PROGRAM PROJECT
WHEREAS, the Council considers mid-year budget balancing through adjustments, appropriations, designations and transfers to adjust the current-year budget to meet anticipated changes in departmental budgetary needs; and
WHEREAS, as detailed in the accompanying Administrative Report, a budget transfer and appropriation is necessary to accomplish the City’s day-to-day business to support its goals and programs and to provide for anticipated additional expenditures; and
WHEREAS, amendments to the Adopted 2023-2024 Budget are necessary to address funding of those items; and
WHEREAS, the Stormwater System Management and Improvement Program (46W002) does not have enough remaining available budget to cover the estimated $1,010,000 in funding needed for the Storm Drain Master Plan Update; and
WHEREAS, $600,000 in funds from the Wet Weather Preparation Activities (46C006) budget is available to be transferred.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SAN MATEO, CALIFORNIA, RESOLVES that:
1. This action is not a project subject to CEQA, because it is an organizational or administrative activity that will not result in direct or indirect physical changes in the environment. (CEQA Guidelines Section 15378(b)(5).)
2. A transfer in the Capital Project Fund totaling $600,000 from the Wet Weather Preparation Activities Project (46C006) to the Stormwater System Management and Improvement Program Project (46W002) is authorized.