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Resolution approving the South San Francisco Conference Center Authority Fiscal Year 2026-27 Budget.
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WHEREAS, the South San Francisco Municipal Code § 2.78.100 requires that the South San Francisco Conference Center Authority (“Conference Center Authority”) budget be approved by the City Council of South San Francisco (“City Council”); and
WHEREAS, on June 1, 2026, the Conference Center Authority conducted a public meeting and reviewed the Fiscal Year (“FY”) 2026-27 Budget ("Budget"); and
WHEREAS, the Conference Center Authority found that the FY 2026-27 Budget represented the appropriate level of expenditures for Fiscal Year 2026-27 and recommended that the City Council approve the proposed Budget; and
WHEREAS, the City Council concurs with the Conference Center Authority's recommendation.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of South San Francisco as follows:
1. The Conference Center Authority Fiscal Year (FY) 2026-27 Budget, attached hereto as Exhibit A, showing a total revenue projection of $5,748,773 and a total expenditure request of $3,600,819 is hereby approved.
2. The Conference Center Authority FY 2026-27 Capital Improvement Budget of $455,000 included within the Budget is hereby approved.
3. Each budget category listed in South San Francisco Municipal Code §2.78.106 is funded to the limits specified in the Budget.
4. The funds collected pursuant to South San Francisco Municipal Code §4.20.035 are hereby appropriated to fund the Conference Center Authority Budget in accordance with the Budget.
5. The City Manager and the Finance Director are hereby directed and authorized to make the specified funds available to the Conference Center Authority.
6. Copies of the Conference Center Authority Budget shall be made available for public review and inspection in the Offices of the City Clerk and the Administrative Offices of the Conference Center.
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