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HomeMy WebLinkAbout2026/01/13 City Council Resolution 2026-007 RESOLUTION NO. 2026-007 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROHNERT PARK AUTHORIZING AND APPROVING THE FINANCE DIRECTOR TO INCREASE APPROPRIATION FOR FY 2025-26 TO TRANSFER CERTAIN ASSIGNED FUND BALANCES WHEREAS, the City Council of the City of Rohnert Park adopted the FY 2025-26 Budget on June 10, 2025; and, WHEREAS, the City Council has the authority to amend the budget; and, WHEREAS, the City has made assignments of Fund Balances available at the end of FY 2024-25 for specific purposes; and WHEREAS, the City Council has concurred with those assignments and desires to transfer the funds in accordance with the assigned purposes. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Rohnert Park that the foregoing recitals are true and correct and that it does hereby authorize and approve the Finance Director to increase appropriations for FY 2025-26 from Assigned Fund Balances to transfer funds to the Infrastructure Fund 7109 in the amount of $6,643,144 and the General Liability Internal Service Fund 2350 in the amount of $ 613,800 for the Self-insured Losses Reserve. BE IT FURTHER RESOLVED that the Finance Director is authorized to make any administrative adjustments necessary to process the budget amendments in accordance with generally accepted accounting principles. DULY AND REGULARLY ADOPTED this 13th day of January 2026. CITY OF ROHNERT PARK .mily Sanborn, Mayor ATTEST: Elizabeth achado, Assistant City Clerk - R U S FO Michelle M. Kenyon, City Attorney ADAMS: le. GIUDICE: Ptic ELWARD: A-i.je.. RODRIGUEZ: I e SANBORN: A.�e AYES: ( $ ) NOES: ( ) ABSENT: ( 52() ABSTAIN: ( Szj)