Loading...
CC Resolution 12061RESOLUTION NO. 12061 BEING A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAMPBELL AMENDING THE CITY'S CAPITAL BUDGET FOR THE 2016/17 FISCAL YEAR WHEREAS, there has been submitted to the City Council an annual budget for the operation of all departments and facilities of the City of Campbell for the fiscal year 2016/17; and WHEREAS, the City Council took action to amend the capital budget; and WHEREAS, all amendments have been incorporated into the total calculation. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Campbell that the capital budget be amended for fiscal year 2016/17 in the amount of $8,107,003 encompassing all City capital project carry forward balances from fiscal year 2015/16, and, BE IT FURTHER RESOLVED that $7,303,327 in related capital transfers-out be increased from approved funding sources. BE IT FURTHER RESOLVED that available surplus amounts totaling $2,606 from various projects be reallocated to other current projects. PASSED AND ADOPTED this 18th day of October, 2016 by the following roll call vote: AYES: Councilmembers: Kotowski, Resnikoff, Gibbons, Baker NOES: Councilmembers: None ABSENT: Councilmembers: Cristina APPROVED: J son T. Baker, Mayor ATTEST: c^ Wendy od, City Clerk