MEETING DATE: June 16, 2015
AGENDA ITEM #5
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AGENDA ITEM: Resolution Authorizing the Interim City Manager to Continue Making Required Expenditures to Meet Current or Immediate Financial Obligations Until the 2015/16 Fiscal Year Budget is Adopted.
MEETING DATE: June 16, 2015
PREPARED BY: Odi Ortiz, Interim City Manager/Finance Director
REVIEWED BY: Odi Ortiz, Interim City Manager
Adopt a Resolution authorizing the Interim City Manager to continue making required expenditures to meet current or immediate financial obligations until the 2015/16 fiscal year budget is adopted.
City management team has held budget reviews and discussions relating to the proposed 2015/16 fiscal year budget. Two budget workshops have taken place at open Council meetings to review, discuss, and seek input from community leaders and the general public. Due to current transitioning in key management positions and other procedural items, there’s a need to continue this budgetary analysis.
Procedures include meeting discussions with department heads and also bargaining units. We expect to deliver the final budget document for consideration in July 2015.
It may be necessary for the City to continue to incur required expenditures to meet financial obligations prior to the adoption of the fiscal year budget.
Required expenditures unknown at this time. Common practice is to use prior year’s (current fiscal year 2014-15) budget as a guide.
1. Resolution No. 2015-
RESOLUTION NO. 2015-
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LIVINGSTON AUTHORIZING THE INTERIM CITY MANAGER TO CONTINUE MAKING REQUIRED EXPENDITURES TO MEET CURRENT OR IMMEDIATE FINANCIAL OBLIGATIONS UNTIL THE 2015/16 FISCAL YEAR BUDGET IS ADOPTED
WHEREAS, the City Council will hold budget workshops relating to the proposed 2015/16 Fiscal Year Budget; and
WHEREAS, it is necessary for staff to continue working on the 2015/16 Fiscal Year Budget due to current transitioning in key management positions and other operational procedures; and
WHEREAS, it may be necessary for the City to continue to incur required expenditures to meet financial obligations prior to the adoption of the 2015/16 Fiscal Year Budget.
NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Livingston does hereby authorize the Interim City Manager to continue making required expenditures to meet current or immediate financial obligations until the 2015/16 Fiscal Year Budget is adopted.
Passed and adopted this 16th day of June, 2015, by the following vote:
Rodrigo Espinoza, Mayor of the City of Livingston
I, hereby certify that the foregoing resolution was regularly introduced, passed and adopted at a regular meeting of the City Council of the City of Livingston this 16th day of June, 2015.
Antonio Silva, City Clerk of the City of Livingston