HomeMy WebLinkAboutResolutions 2011-061 N.C.S. 04/18/2011Resolution No. 2011 -061 N.C.S.
of the City of Petaluma, California
FIXING THE BATE FOR SUBMISSION OF THE
FY 2011 -12 TENTATIVE BUDGET AS MAY 19, 2011
WHEREAS, Article IX, Section 59, of the Petaluma City Charter provides in part that
"...on 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, staff has identified a decrease in revenues for the current year and further
decreased revenues for FY 2011 -12; and,
WHEREAS, additional time is being requested to allow staff time to provide a Tentative
Budget that is balanced and reflective of the economic conditions the City is currently facing.
NO THEREFORE, BE IT RESOLVED that the City Council does hereby fix May
19, 2011 as the date for submission of the FY 2011 -12 Tentative Budget for the City in
accordance, with Article IX, Section 59 of the Charter of the City of Petaluma.
Under the power and authority conferred upon this Council by the Charter of said City.
REFERENCE:
AYES
NOES:
ABSENT:
ABSTAIN:
ATTEST:
I hereby certify the foregoing Resolution was introduced and adopted by the Pled as to
Council of the City of Petaluma at a Regular meeting on the 18` day of April, 2011, o rm:
by the following vote: 0y
Albertson, Barrett, Mayor Glass, Vice Mayor Healy, Kearney, Renee
None
Harris
ey
Resolution No. 2011 -061 N.C.S. Page I