Title
Subject: Budget Amendment - Take Away Of Gas Tax Revenues
From: Budget Office/Public Works Agency
Recommendation: Adopt A Resolution Amending The City Of Oakland's Fiscal Year 2009-2011 Biennial Budget, Adopted Pursuant To Resolution No. 82102 C.M.S., To Impose Reductions In Staff And Operations Funding In The Street And Traffic Programs And Re-Allocate Approximately $2.0 Million In Existing Capital Improvement Program Funding (Propositions 42) To Mitigate Potential Impacts In The Event The State Of California Takes Away Approximately $6.53 Million Of Gas Tax Revenues From The City Of Oakland Retroactive To July 1, 2009