Resolution No.
STOCKTON CITY COUNCIL
RESOLUTION AUTHORIZING APPROPRIATION OF $3,000,000 FROM THE GENERAL FUND TO CITY COUNCIL PRIORITY PROJECTS City Council adopted the Fiscal Year (FY) 2023-24 Annual Budget on June 20, 2023, following a duly noticed budget study session and a public hearing; and City Council discussed the FY 2022-23 Fourth Quarter Budget Status Update on January 23, 2024, and allocated $4,000,000 to Council priority projects; and The City Council Budget/Finance/Economic Development Committee met on March 29, 2024, to discuss potential uses of the $4,000,000 and made a recommendation for review by the full City Council to allocate $1,000,000 to the Stockton Shelter Navigation Center; and City Council approved the allocation of $1,000,000 General Fund to the Stockton Shelter Navigation Center on May 21, 2024; and The City Council Budget/Finance/Economic Development Committee subsequently met on May 1, 2024, and June 11, 2024, to discuss potential uses of the remaining $3,000,000 and made a recommendation for review by the full City Council; now, therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF STOCKTON, AS FOLLOWS:
Authorize the appropriation and any necessary transfers of $3,000,000 from the General Fund Balance to the various projects as detailed in Exhibit 1. //
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The City Manager is hereby authorized to take whatever actions are necessary and appropriate to carry out the purpose and intent of this Resolution.
PASSED, APPROVED, and ADOPTED July 9, 2024 .
KEVIN J. LINCOLN II
Mayor of the City of Stockton
ATTEST:
KATHERINE ROLAND, CMC, CPMC
Interim City Clerk of the City of Stockton