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Attachment 1 <br />RESOLUTION NO. <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PLEASANTON <br />ACCEPTING THE FY 2022/23 YEAR-END OPERATING BUDGET, APPROVING <br />BUDGET AMENDMENTS IN MULTIPLE FUNDS, AND DESIGNATING GENERAL <br />FUND RESERVES <br />WHEREAS, each year a report of financial condition of the Operating Budget is <br />presented to the City Council, and <br />WHEREAS, staff presented to the City Council such a report for the fiscal year ending <br />June 30, 2023 <br />NOW, THEREFORE BE IT RESOLVED THAT THE CITY COUNCIL OF THE CITY OF <br />PLEASANTON DOES RESOLVE, DECLARE, DETERMINE AND ORDER THE FOLLOWING: <br />Section 1: Accepts the June 30, 2023 Fund Balances as shown in Exhibit A. <br />Section 2: Designates General Fund Reserves for existing and future unknown obligations as <br />shown in Exhibit A for all funds and as follows for the General Fund and the Bernal Park <br />Donation Fund. <br />Section 3: Allocates transfers from the General Fund to multiple funds as follows: $1,000,000 to <br />the Storm Drain Operating Fund; $1,00,000 to the Information Technology Replacement Fund; <br />$800,000 to the General Liability Fund; $500,000 to the Workers’ Compensation Fund; <br />$250,000 to the Fire Apparatus Replacement Fund; $250,000 to the Facilities Repair and <br />Renovation Fund; and $200,000 to the Traffic Signal Replacement Fund. The City Council also <br />allocates $7,155,022 to the General Fund reserve, $800,000 to the Strategic Plan <br />Implementation Reserve, and $500,000 to the Emergency Reserve in the General Fund. <br />Additionally, allocates $34,714 professional services budget in the Bernal Park Donation Fund, <br />along with a transfer of $206,588 from the Bernal Park Donation Fund to the Park CIP Capital <br />Fund. <br />Section 4: The City Clerk shall certify to the passage of this resolution and enter it into the book <br />of original resolutions. <br />PASSED, APPROVED AND ADOPTED by the City Council of the City of Pleasanton at <br />a regular meeting held on the 19th day of December 2023. <br />I, Jocelyn Kwong, City Clerk of the City of Pleasanton, California, certify that the <br />foregoing resolution was adopted by the City Council at a regular meeting by the following vote: <br />Ayes: <br />Noes: <br />Absent: <br />Abstain: <br />_____________________________ <br />Jocelyn Kwong, City Clerk <br />APPROVED AS TO FORM: <br />___________________________ <br />Daniel G. Sodergren, City Attorney <br />Page 268 of 270