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R 4929 RESOLUTION NO. 4929 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARROYO GRANDE ADOPTING FISCAL YEAR 2019-20 OF THE FISCAL YEAR 2018-18 & 2019=20 BIENNIAL BUDGET AND MAKING APPROPRIATIONS FOR THE AMOUNT BUDGETED WHEREAS, a proposed Biennial Budget for the City of Arroyo Grande for the Fiscal Years commencing July 1, 2018 and ending June 30, 2019 and commencing July 1, 2019 and ending on June 30, 2020 was submitted to the City Council and is on file with the Director of Administrative Services; and WHEREAS, the City Council also serves as the Board of Directors of the Successor Agency to the Dissolved Arroyo Grande Redevelopment Agency; and WHEREAS, proceedings for adoption of said Budget have been duly taken; and WHEREAS, the total Budget for FY 2019-20 is $42,514,721. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ARROYO GRANDE DOES RESOLVE AS FOLLOWS: SECTION 1. The Budget is adopted as the Biennial Budget for the City of Arroyo Grande for the Fiscal Year commencing July 1, 2019 and ending June 30, 2020., SECTION 2. At the close of each Fiscal Year, unexpended appropriations in the Operating Budget will be carried forward to the next fiscal year as necessary to underwrite the expense of outstanding purchase commitments. Unexpended appropriations for authorized, but uncompleted projects as approved by the City Council may be carried forward to the next succeeding Budget upon recommendation by the Administrative Services Director and approval of the City Manager. On motion of Council Member George, seconded by Council Member Barneich, and on the following roll call vote, to wit: AYES: Council Members George, Barneich, Paulding, Storton, and Mayor Ray Russom NOES: None ABSENT: None the foregoing Resolution was passed and adopted this 11th day of June, 2019. RESOLUTION NO. 02 9 PAGE 2 CAREN RA'CP SOM, MAYOR ATTEST: -`it/ l End / • KELLY p MORE, CITY CLERK APPROVED AS TO CONTENT: Ilkik, r JAMES A. ; ' e] N, CITY MANAGER 110 APPROVED AS TO FORM: _ i ATHER WHITHAM, CITY ATTORNEY OFFICIAL CERTIFICATION I, KELLY WETMORE, City Clerk of the City of Arroyo Grande, County of San Luis Obispo, State of California, do hereby certify under penalty of perjury, that the attached Resolution No. 4929 was passed and adopted at a regular meeting of the City Council of the City of Arroyo Grande on the 11th day of June, 2019. WITNESS my hand and the Seal of the City of Arroyo Grande affixed this 12th day of June, 2019. 1A dialitat0/2 KELLY WE ORE,ORE, CITY CLERK