CC Resolution 12851 - Adoption of Operating & Capital Budget for FY2023RESOLUTION NO. 12851
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAMPBELL ADOPTING
THE CITY'S OPERATING AND CAPITAL BUDGET FOR FISCAL YEAR 2023
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 Fiscal Year (FY)
2023, 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, 2022 the
amount of $111,880,897 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 $48,376,052 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 $160,256,949; 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 2023 operating and capital
budget or any miscellaneous corrections due to more refined estimates and incorporate
these changes into the final published FY 2023 operating and capital budget document.
PASSED AND ADOPTED this 215t day of June, 2022, by the following roll call vote:
AYES: Councilmembers: Gibbons, Landry, Lopez, Bybee, Resnikoff
NOES: Councilmembers: None
ABSENT: Councilmembers: None
APPROVED:
Paul Resnikoff, Mayor
ATTEST:
Dusty Christopherson, City Clerk