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HomeMy WebLinkAboutResolution 2009-050 N.C.S. 04/20/2009 Resolution No. 2009-050 N.C.S. of the City of Petaluma, California FIXING THE DATE FOR SUBMISSION OF THE 2009/2010 TENTATIVE BUDGET AS MAY 21, 2009 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 fiscal year 2009/10; 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. NOW, THEREFORE, BE IT RESOLVED that the City Council does hereby fix May 21, 2009 as the date for submission of the 2009/2010 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: I hereby certify the foregoing Resolution was introduced and adopted by the ~ ed s to Council of the City of Petaluma at a Regular meeting on the 20'~ day of April, 2009, o m: by the following vote: City Att ey AYES: Vice Mayor Barrett, Glass, Harris, 1-lealy, Babbitt, Renee, Mayor Torliatt NOES: None ABSENT: None ~_...r r ABSTAIN: Nonc ~ ATTESr: t City Clerk Mayor Resolution No. 2009-050 N.C.S. Yage 1