RESOLUTION NO. 2024-06-XXXX
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SIGNAL HILL, CALIFORNIA, ADOPTING THE ANNUAL OPERATING AND CAPITAL BUDGET FOR FISCAL YEAR 2024-25 AND APPROVING THE ANNUAL OPERATING AND CAPITAL BUDGET FOR FISCAL YEAR 2025-26 WHEREAS, On May 14, 2024, the City Council conducted a budget workshop and reviewed the draft budget, received public comment and made recommendations and changes; and WHEREAS, the City Manager has incorporated the changes directed from City Council and prepared the proposed Annual Operating and Capital Budget for Fiscal Years 2024-25 and 2025-26; and WHEREAS, revenues for all funds are estimated to be $54,451,983 and appropriations total $61,490,749 for Fiscal Year 2024-25. Fiscal Year 2025-26 revenues for all funds are estimated to be $50,318,493 and appropriations total $50,400,657.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SIGNAL HILL, CALIFORNIA, DOES HEREBY RESOLVE AS FOLLOWS:
THE ANNUAL OPERATING AND CAPITAL BUDGET for Fiscal Year 2024-25 is hereby adopted and for Fiscal Year 2025-26 is hereby approved.
PASSED, APPROVED, AND ADOPTED at a regular meeting of the City Council of the City of Signal Hill, California, on this 11th day of June, 2024. ________________________________
LORI Y. WOODS
MAYOR
ATTEST:
DARITZA GONZALEZ
CITY CLERK
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES )ss
CITY OF SIGNAL HILL )
I, DARITZA GONZALEZ, City Clerk of the City of Signal Hill, California, hereby certify that Resolution No. 2024-06-XXXX was adopted by the City Council of the City of Signal Hill at a regular meeting held on the 11th day of June, 2024, and that the same was adopted by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
______________________________
DARITZA GONZALEZ
CITY CLERK
Resolution No. 2024-06-XXXX
June 11, 2024