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CC Resolution 12465RESOLUTION NO. 12465 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAMPBELL ADOPTING THE CITY'S OPERATING AND CAPITAL BUDGET FOR FISCAL YEAR 2019-20 (FY 20) 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 20, 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, 2019 the amount of $67,787,677 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 $11,550,900 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 $79,338,577; 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 20 operating and capital budget or any miscellaneous corrections due to more refined estimates and incorporate these changes into the final published FY 20 operating and capital budget document; and, PASSED AND ADOPTED the 18th day of June, 2019, by the following roll call vote: AYES: Councilmembers: Resnikoff, Bybee, Gibbons, Landry, Waterman NOES: Councilmembers: None ABSENT: Councilmembers: None WOD: Waterman, Mayor ATTEST: Wendy o d, City Clerk