CC Resolution 12010RESOLUTION NO. 12010
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAMPBELL
ADOPTING THE CITY'S OPERATING AND CAPITAL BUDGET
FOR FISCAL YEAR 2016-17 (FY 17)
WHEREAS, there has been submitted to the City Council a proposed budget for the
operation of all departments and facilities of the City of Campbell for FY 17, and there has been
submitted to the City Council a proposed budget for the capital expenditures related to City
projects, and
WHEREAS, the City Council held meetings to review the proposed operating and capital
budget; and the City Council took action to adopt the proposed budget;
NOW, THEREFORE, BE IT RESOLVED by the City Council that as of July 1, 2016 the
amount of $62,014,859 be fixed as the amount necessary to meet all municipal operating
requirements (excluding any further changes resulting from this public hearing and/or any
miscellaneous corrections); and that the amount of $9,840,000 be fixed as the amount
necessary to meet the capital requirements of the City and that the same is hereby approved,
confirmed and adopted at the combined total of $71,854,859; and,
BE IT FURTHER RESOLVED that the Finance Director is hereby authorized to make
any changes resulting from the public hearing to adopt the- FY 17 operating and capital budget
or any miscellaneous corrections due to more refined estimates and incorporate these changes
into the final published FY 17 operating and capital budget document; and,
PASSED AND ADOPTED the 21St day of June, 2016, by the following roll call vote:
AYES: Councilmembers: Kotowski, Resnikoff, Cristina, Gibbons, Baker
NOES: Councilmembers: None
ABSENT: Councilmembers: None
APPROVED:
~.
J soh .Baker, Mayor
ATT ST:
Wendy od, City. Clerk