Title
Adoption of Resolution Approving and Adopting Midcycle Changes to the City of Alameda Budget for Fiscal Year 2024 25; [City Council]
Adoption of Resolution Approving and Adopting Amendments to the Fiscal Year 2024-25 Budget [SACIC]; and
Adoption of Resolution Approving Workforce Changes and Amending the Management and Confidential Employees Association Salary Schedule in Fiscal Year 2024 25 Effective July 1, 2024. [City Council] (Finance 10024054)
Body
To: Honorable Mayor and Members of the City Council
From: Jennifer Ott, City Manager
EXECUTIVE SUMMARY
The Citywide budget outlines the City of Alameda's (City) fiscal plan for the upcoming fiscal year, as well as the level and type of services to be provided. On June 20, 2023, City Council adopted the Biennial Budget for Fiscal Years (FY) 2023-2025. After the first year of the budget cycle, staff brings the update to year two (Midcycle Update) to City Council for approval. As part of the Midcycle Update, City Council held a Budget Workshop on May 21, 2024, during which departmental requests and funding updates previously not included in the Biennial Budget were discussed and direction was given by City Council for inclusion in the FY 2024-25 Midcycle Update. These FY 2024-25 midcycle budget amendments are attached as Exhibit 1 & Exhibit 2. Staff recommends City Council adopt the attached resolution amending the FY 2024-25 Operating and Capital Budgets.
BACKGROUND
On May 21, 2024, City Council held a budget workshop regarding the City Manager's proposed midcycle budget amendments for the FY 2024-25 Operating and Capital Budgets. The workshop was intended to give City Council and the community an opportunity to review the factors that make up the overall City budget. During the workshop the City Manager, Department Heads, and staff provided information and answered questions about departmental funding requests that varied from the baseline budget estimates. City Council and the community provided inpu...
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