HomeMy WebLinkAboutReso 2019-050 - Biennial Budget Fiscal Year 2020, 2021 Rescinded portion 04/21/20 . RESOLUTION NO. 2019-050 •
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING
APPROVING AND ADOPTING THE BIENNIAL BUDGET FOR FISCAL
YEARS ENDING JUNE 30,2020 AND 2021
WHEREAS, proposed budget requests have been submitted to the City Manager by Department
Directors of the City; and
WHEREAS, such requests and all sources of revenue have been studied by the City Manager and
the Finance Department; and
WHEREAS, the City Manager has submitted a Proposed Budget to the City Council which was
balanced and prudent; and
WHEREAS,the City Council held a budget hearing and solicited input from the public; and
WHEREAS,the City Council has amended the Proposed Budget as necessary to better serve the
residents of the City of Redding; and
WHEREAS, it has been determined that this matter is not subject to the provisions of the
California Environmental Quality Act;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Redding as
follows:
1. That the foregoing recitals are true and correct.
2. That it is deemed to be in the best interest of the City of Redding to adopt and approve the budget
appropriations contained in the Biennial Budget for fiscal years ending June 30, 2020 and 2021 at
this time.
3. That the budget appropriations referred to hereinabove are set forth in the Proposed Budget for
fiscal years ending June 30, 2020 and 2021, and that said budget appropriations are hereby
approved as the Biennial Budget for the City of Redding for the fiscal years ending June 30, 2020
and 2021.
I HEREBY CERTIFY that the foregoing resolution was introduced at a regular meeting of the City
Council of the City of Redding on the 4th day of June, 2019, and was duly adopted at said meeting by the
following vote:
AYES: COUNCIL MEMBERS: McElwain,Resner,Schreder,and Winter
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: Dacquisto
ABSTAIN: COUNCIL MEMBERS: None y
JULIE INTER,Mayor
ATTEST: FORM PPROVAL:
PAMELA MIZE, City BARRY E.De ALT,eiiry Attorney
RESOLUTION NO. 2020-047
A RESOLUTION OF THE CITY OF REDDING APPROVING AND ADOPTING THE
32ND AMENDMENT TO CITY BUDGET RESOLUTION NO. 2019-050 RESCINDING
APPROVAL OF ALLOCATION OF CAP AND TRADE FUNDS FOR THE WILDFIRE
MITIGATION AND BUILDING ELECTRIFICATION PROGRAMS; APPROVE THE
APPROPRIATION OF $9,000,000 OF CAP AND TRADE AUCTION PROCEEDS TO BE
DISTRIBUTED TO RATEPAYERS FOR FISCAL YEAR 2019-20
BE IT RESOL VED BY THE CITY COUNCIL OF THE CITY OF REDDING
THAT Budget Resolution No. 2019-050 be and is hereby amended as follows:
FUND DIVISION DESCRIPTION INCREASE DECREASE
142 854 GHG Customer Distribution $9,000,000
THAT account titles and numbers requiring adjustments by this Resolution are as follows:
USE SOURCE
OF FUNDS OF FUNDS
Decrease in Beginning Balance
142-851-01-0001-01 Beginning Balance $ 1,077,910
Decrease in Cap and Trade Revenues
142-851-01-4400-01 Environmental Attributes $ 2,022,090
Elimination of Building Electrification Project
142-854-8908-98 Building Electrification $ 4,000,000
Elimination of Wildfire Mitigation Project
142-854-8908-99 Wildfire Mitigation $ 1,900,000
Increase in GHG Customer Distribution
142-854-8908-90 GHG Customer Distribution $ 9,000,000
Total $ 9,000,000 $ 9,000,000
THAT the purpose is to rescind approval of allocation of Cap and Trade funds for the Wildfire
Mitigation and Building Electrification programs; approve the appropriation of $9,000,000 of �
Cap and Trade auction proceeds to be distributed to ratepayers for fiscal year 2019-20.
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I HEREBY CERTIFY that the foregoing resolution was introduced at a regular meeting of the
City Council of the City of Redding on the 21s' day of April, 2020 and was duly adopted at said
meeting by the following vote:
AYES: COUNCIL MEMBERS: Dacquisto, Resner, Schreder, Winter, and McElvain
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: None
ABSTAIN: COUNCIL MEMBERS: None
ADA4 McELVAIN, Mayor
ATTEST: FORM APPROVAL:
PAMELA MIZE,/ Clerk BARRY E. e ALT, City Attorney