HomeMy WebLinkAboutResolutions - No. 2021-286RESOLUTION NO. 2021-286
A RESOLUTION OF THE LODI CITY COUNCIL
APPROVING FINAL BUDGET ADJUSTMENTS FOR FISCAL
YEAR 2021; AND FURTHER APPROPRIATING FUNDS
WHEREAS, the Lodi City Council adopted the Fiscal Year 2020/21 Financial Plan and
Budget on June 3, 2020; and
WHEREAS, the year-end reporting period for Fiscal Year 2020/21 has been completed;
and
WHEREAS, additional budgets for both Transit and Risk Management are necessary to
address unbudgeted expenditure needs for Fiscal Year 2020/21; and
WHEREAS, staff recommends the additional Fiscal Year 2020/21 appropriations in the
Transit Fund of $67,579.70 (60454108.72399) for the student bus ride program and $74,495.49
in the Risk Management Fund for increased costs in temporary disability claims ($61,094.24 to
66525100.74032) and permanent disability claims ($13,401.25 to 66525100.74033); and
WHEREAS, staff also recommends capital project budget adjustments in Electric Utility
for the LED Streetlight Improvement Project ($45,924.43), the Underground Maintenance
($279,496.62) and Overhead Maintenance (reduce by $325,421.05) for a net zero budgetary
increase.
NOW, THEREFORE BE IT RESOLVED that the Lodi City Council does hereby authorize
the additional Fiscal Year 2020/21 appropriations and adjustments totaling $142,075.19, as set
forth above.
Dated: November 3, 2021
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I hereby certify that Resolution No. 2021-286 was passed and adopted by the City Council
of the City of Lodi in a regular meeting held November 3, 2021, by the following vote:
AYES: COUNCIL MEMBERS — Chandler, Hothi, Khan, Kuehne, and
Mayor Nakanishi
NOES: COUNCIL MEMBERS — None
ABSENT: COUNCIL MEMBERS — None
ABSTAIN: COUNCIL MEMBERS — None
Yi'
J� IFE US M I R
City Clerk
2021-286