Title
ADOPTION OF PROPOSED ANNUAL BUDGET, PROPOSED FEES AND ANNUAL APPROPRIATIONS LIMIT FOR FISCAL YEAR 2020-21
Summary
A public hearing to consider approval and adoption of the Proposed Annual Operating Budget, proposed changes to City’s Schedule of Fees and Appropriations Limit for Fiscal Year 2020-21.
Recommendation
Recommendation:
1. Adopt Resolution No. 2020-XX.
RESOLUTION 2020-XX - A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF FULLERTON, CALIFORNIA, APPROVING AND ADOPTING THE PROPOSED OPERATING BUDGET FOR FISCAL YEAR 2020-21 AND APPROPRIATING THE FUNDS NECESSARY TO MEET THE EXPENDITURES SET FORTH THEREIN
2. Adopt Resolution No. 2020-XX.
RESOLUTION 2020-XX - A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF FULLERTON, CALIFORNIA, ADOPTING THE ANNUAL APPROPRIATIONS LIMIT FOR FISCAL YEAR 2020-21 PURSUANT TO ARTICLE XIII B OF THE CALIFORNIA STATE CONSTITUTION
3. Adopt Resolution No. 2020-XX.
RESOLUTION 2020-XX - A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF FULLERTON, CALIFORNIA, AMENDING OR ESTABLISHING NEW FEES AND CHARGES FOR MUNICIPAL SERVICES FOR FISCAL YEAR 2020-21 AND REPEALING RESOLUTION NO. 2019-25
4. Approve creation of a new special restricted fund, entitled Franchise Fee Cable TV - Public, Educational, Governmental (PEG) Access Fund (Fund 27), to properly account and record restricted telecommunications franchise revenues.
5. Approve transfer of all budgeted PEG revenues and expenditures and fund balances from the General Fund to PEG Fund in FY 2019-20, in which the planned revenues and expenditures for FY 2020-21 will be included with budget adoption.