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HomeMy WebLinkAboutResolution 2008-066 N.C.S. 04/21/2008Resolution No. 2008-066 N.C.S. of the City of Petaluma, California EXTENDING THE TIME FOR SUBMISSION OF THE 2008/2009 TENTATIVE BUDGET TO JUNE 2, 2008 WHEREAS, Section 59 in Article IX of the Petaluma City Charter provides in pertinent part that "[o]n or before the first Monday in May in each year, or on such date in each year as shall be fixed by the council, the city manager shall submit to the council a tentative budget;" and, WHEREAS, Section 59 of the City Charter further provides that the tentative budget submitted to the City Council shall contain an estimate of the probable expenditures of the City for the ensuing fiscal year, stating the amount required to meet- the interest and sinking funds for the outstanding funded indebtedness of the City, and the needs of all the City departments in detail, and showing the amount necessary for each fund and department, the estimated income from fines, licenses and other revenues; and, WHEREAS, the budget hearing process that staff completes prior to issuing a proposed budget to City Council was delayed by one month waiting for the new city manager; and, WHEREAS, staff has identified decreased revenues for current year and further decreased revenues in fiscal 2008-09, making next year's budget process take additional time; and WHEREAS, the above delays have made it impossible to complete a proposed document by May 5, 2008. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Petaluma hereby fixes June 2, 2008 as the time for submission of the 2008/2009 tentative City of Petaluma budget in accordance with Section 59 of Article IX of the Charter of the City of Petaluma. Under the power and authority conferred upon this Council by the Charter of said City. REFERENCE: I hereby certify the foregoing Resolution was introduced and adopted by the ft oved as to Council of the City of Petaluma at a Regular meeting on the 21 s` day of April, 2008, ~~ form: by the following vote: AYES: Barrett, Freitas, Harris, Nau, O'Brien, Vice Mayor Rabbitt, Mayor "1'orliatt NOES: None ABSENT: None ABSTAIN: None ATTEST: l~ 7 L t~ Deputy City Clerk City/Attorney Resolution No. 2008-066 N.C.S. Page 1