No preview available
Resolution No. 2023-37 | FY 24-25 Budget Adoption | Adopted 06/05/2023 RESOLUTION NO. 2023-37 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GILROY ADOPTING THE BUDGET FOR SAID CITY FOR FISCAL YEARS 2023 - 2024 AND 2024-2025 AND APPROPRIATING PROPOSED EXPENDITURES FOR PURPOSES SET FORTH IN THE BUDGET WHEREAS, the City Administrator has prepared and submitted to the City Council a budget for the City of Gilroy for the Fiscal Years 2023 -2024 and 2024-2025, and said Council has carefully examined and con sidered the same; and WHEREAS, the said Council did thereafter fix the 5th day of June 2023 at the hour of 6:00 o’clock p.m. as the time, 7351 Rosanna Street Gilroy, CA., as the place, for a Public Hearing on the said proposed budget and caused a notice thereof to be published not less than ten (10) days prior to the said hearing; and WHEREAS, the said proposed budget for FY 2023-2024 as finally revised provides for anticipated revenue totaling $162,479,094 and anticipated expenditures totaling $197,267,937 and said proposed budget for FY 2024 -2025 as finally revised provides for anticipated revenue totaling $185,393,256 and anticipated expenditures totaling $200,422,299 and said budget is now before the Council for adoption and said Council is satisfied with said budget as finally revised. NOW, THEREFORE, BE IT RESOLVED that it is hereby ordered that the said proposed budget including the anticipated revenues, expenditures and un -appropriated surpluses, as revised, shall be and are hereby approp riated and adopted as the budget of the City of Gilroy for the Fiscal Years 2023-2024 and 2024-2025, including the posting of accumulated annual savings, if any, into each successive fiscal year and that a certified copy of said adopted budget shall be placed on file in the office of the City Clerk and be available for the individuals and agencies and organizations as specified in Section 1103 of the Charter, and BE IT FURTHER RESOLVED that the Council’s recommended changes, if any, of June 5, 2023, are incorporated in said budget. BE IT FURTHER RESOLVED that from the effective date of the budget, the several amounts stated therein as proposed expenditures shall be and become appropriated to the several offices, agencies and departments for the respective objects and purposes therein specified. Resolution No. 2023-37 FY 24-25 Budget Adoption City Council Regular Meeting | June 5, 2023 Page 2 of 2 PASSED AND ADOPTED at a Regular Meeting of the City Council this 5th day of June 2023 by the following roll call vote: AYES: COUNCIL MEMBERS: ARMENDARIZ, BRACCO, CLINE, HILTON, MARQUES, TOVAR, BLANKLEY NOES: COUNCIL MEMBERS: NONE ABSTAIN: COUNCIL MEMBERS: NONE ABSENT: COUNCIL MEMBERS: NONE APPROVED: Marie Blankley, Mayor ATTEST: ______________________ Thai Nam Pham, City Clerk Marie Blankley (Jun 7, 2023 10:01 PDT) Marie Blankley CERTIFICATE OF THE CLERK I, THAI NAM PHAM, City Clerk of the City of Gilroy, do hereby certify that the attached Resolution No. 2023-37 is an original resolution, or true and correct copy of a city Resolution, duly adopted by the Council of the City of Gilroy at a Regular Meeting of said held on Council held Monday, June 5, 2023, at which meeting a quorum was present. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Official Seal of the City of Gilroy this Monday, June 5, 2023. ____________________________________ Thai Nam Pham, CMC, CPMC City Clerk of the City of Gilroy (Seal)