R-21-04RESOLUTION NO. R-21-04
REAPPRPRIATION OF CAPITAL PROJECT FUNDS
AND COMPONENT UNIT SCHOOL BOARD FUNDS TO FY 2021
WHEREAS, each year City staff presents to the City Council a list of capital projects
and Component Unit School Board accounts with unobligated funds and gives a
recommendation as to whether or not those funds should be reappropriated; and
WHEREAS, this situation occurs when funds are appropriated, but as of the end of
the fiscal year have not been either spent or obligated through the issuance of a
purchase order; and
WHEREAS, the estimated fund balance for the 2021 budget was based on the
assumption that these funds would be reappropriated.
NOW THEREFORE, IT IS HEREBY RESOLVED that the attached List of Capital
Project Funds and Component Unit School Board Funds shall be reappropriated to FY 2021.
Adopted: February 9, 2021
Mayor
ATTEST:
City Clerk
The vote on the motion to approve was recorded as follows:
VOTE:
Councilmember Harmon Aye
Councilmember Lim
Aye
Councilmember Miller
Aye
Councilmember Ross
Aye
Councilmember Stehle
Aye
Councilmember Yi
Aye