City of Oakland - File #: 09-1171

• File #: 09-1171
• Version: 2
• Name: Establishing A Fiscal Policy
• Type: Ordinance
• Status: In Committee
• File created: 2/2/2010
• In control: *Finance & Management Committee
• On agenda: 3/23/2010
• Final action: 5/4/2010
• Title: Subject: Establishing A Fiscal Policy From: Councilmember De La Fuente Recommendation: Adopt An Ordinance Amending Ordinance No. 12496 C.M.S. Which Sets Forth The City Council's General Purpose Fund (GPF) Financial Policies To Add A Fiscal Policy Requiring That Before The City Council Takes Any Action That Has A Fiscal Impact Or Cost, The Council Must (1) Identify And Approve The Funding Source To Fully Fund The Cost Of The Proposed Council Action, Such As The Approval Of Or Changes To A Policy, Program, Services, Or Positions; And (2) Make Any Adjustments To The Budget That Are Necessary To Maintain A Balanced Budget; And Setting Forth The Council's GPF Financial Policies In Their Entirety, As Amended (TITLE CHANGE)

Date	Ver.	Action By	Action	Result
5/4/2010	2	Concurrent Meeting of the Oakland Redevelopment Agency / City Council	Adopted	Pass
4/20/2010	2	Concurrent Meeting of the Oakland Redevelopment Agency / City Council	Approved As Amended On Introduction and Scheduled for Final Passage	Pass
4/13/2010	1	*Special Finance & Management Committee	Approved as Amended the Recommendation of Staff, and Forward	Pass
2/4/2010	1	*Rules & Legislation Committee	Scheduled

Title

Subject:      Establishing A Fiscal Policy

From:            Councilmember De La Fuente

Recommendation: Adopt An Ordinance Amending Ordinance No. 12496 C.M.S. Which Sets Forth The City Council's General Purpose Fund (GPF) Financial Policies To Add A Fiscal Policy Requiring That Before The City Council Takes Any Action That Has A Fiscal Impact Or Cost, The Council Must (1) Identify And Approve The Funding Source To Fully Fund The Cost Of The Proposed Council Action, Such As The Approval Of Or Changes To A Policy, Program, Services, Or Positions; And (2) Make Any Adjustments To The Budget That Are Necessary To Maintain A Balanced Budget; And Setting Forth The Council's GPF Financial Policies In Their Entirety, As Amended (TITLE CHANGE)

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