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Resolution adopting the City of South San Francisco Operating Budget for Fiscal Year 2023-24 and approving the Gann Appropriations Limit. (Karen Chang, Director of Finance)
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WHEREAS, the City of South San Francisco's Fiscal Year (FY) 2023-24 Proposed Operating Budget reflected in the staff report and corresponding attachments is incorporated herein; and
WHEREAS, the City of South San Francisco ("City") Operating Budget shall hereafter be referred to collectively as the "Operating Budget" for purposes of adopting this Resolution; and
WHEREAS, on May 31, 2023, the proposed FY 2023-24 Operating Budget was presented by staff to the Budget Standing Committee of the City Council; and
WHEREAS, on June 16, 2023, the proposed FY 2023-24 Operating Budget was presented by staff to the City Council at a Special Council Meeting; and
WHEREAS, the members of the City Council reviewed and discussed the financial budgets at the two public meetings above and specific changes were developed as a result; and
WHEREAS, pursuant to Article XIIIB of the California Constitution and Section 7900 et seq. of the California Government Code, the City of South San Francisco is responsible for determination of the Appropriations limit (also known as the Gann limit) for FY 2023-24; and
WHEREAS, the City is required to elect the population and price adjustment factors used to calculate the Appropriations limit at a regularly scheduled Council meeting.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of South San Francisco that the FY 2023-24 Operating Budget is hereby approved, and hereby appropriates the funds as set forth in the staff report and attachments herein for FY 2023-24.
BE IT FURTHER RESOLVED that consistent with the limitations set forth herein and the City's Municipal Code, any and all expenditures for agreements in an amount not to exceed one hundred fifty thousand dollars ($150,000) relating to either the programs or materials contained in the ...
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