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HomeMy WebLinkAbout7469RESOLUTION NO. 7469 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA, CALIFORNIA, AMENDING THE FISCAL YEAR 2022-23 GENERAL FUND BUDGET AUTHORIZING A SUPPLEMENTAL BUDGET APPROPRIATION FOR A ONE-TIME INFLATIONARY RELIEF ASSISTANCE TO EMPLOYEES IN THE AMOUNT OF $820,000, APPROPRIATED FROM THE GENERAL FUND RESERVE WHEREAS, City Council desires to show appreciation to City staff for their dedication and to assist staff in dealing with the current elevated inflationary environment by granting a one-time inflationary relief assistance; and WHEREAS, an appropriation is needed to fund the one-time inflationary relief assistance; and WHEREAS, the Administrative Services Director has projected that there are adequate reserves in the General Fund to fund the additional appropriation needed for this one-time outlay. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ARCADIA, CALIFORNIA, DOES FIND, DETERMINE AND RESOLVE AS FOLLOWS: SECTION 1. The sum of $820,000 is hereby appropriated to the General Fund Operating Budget for the purposes of funding the one-time inflationary relief assistance for the period of July 1, 2022, through June 30, 2023. SECTION 2. The Arcadia City Council finds that this is not a project under the California Environmental Quality Act ("CEQA") and, therefore, no environmental impact assessment is necessary. SECTION 3. The City Clerk shall certify to the adoption of this Resolution. [SIGNATURES ON THE NEXT PAGE] 1 Passed, approved and adopted this 29th day of November 2022. G Mayor of the Ci y of Arcadia ATTEST: C yCIerk APPROVED AS TO FORM: n Steph n P. Deitsch City Attorney STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES) SS: CITY OF ARCADIA ) I, GENE GLASCO, City Clerk of the City of Arcadia, hereby certifies that the foregoing Resolution No. 7469 was passed and adopted by the City Council of the City of Arcadia, signed by the Mayor and attested to by the City Clerk at a special meeting of said Council held on the 29th day of November, 2022 and that said Resolution was adopted by the following vote, to wit: AYES: Danielson, Tay, Verlato, Cheng, and Beck NOES: None ABSENT: None K3 CI `of Ke Citi'&Arcadia