FY 2026-27 Proposed Midcycle Budget

4 ; and be it FURTHER RESOLVED: That this FY 2026-2027 Adopted Policy Budget amends the FY 2025-2027 Adopted Policy Budget adopted pursuant to Resolution No. 90827 C.M.S.; and be it FURTHER RESOLVED: That the City Administrator is authorized to expend City funds in accordance with the laws of the State of California and the City of Oakland, and the City of Oakland FY 2026-27 Adopted Policy Budget ; and be it FURTHER RESOLVED: That the Council declares that the City is experiencing a severe financial event and state of extreme fiscal necessity, and be it FURTHER RESOLVED: That the City Administrator may transfer operating appropriations between activity programs during the fiscal year provided that such funds remain within the departments in which the funds were approved by City Council; and be it FURTHER RESOLVED: That the City Administrator is hereby authorized to use cost savings from vacant positions within a department to procure internal or contract services to facilitate the speedy hiring of positions within that same department; and be it FURTHER RESOLVED: That the City Administrator may transfer operating appropriations between the Non-Departmental Organization and the City’s Operating Departments to implement the services provided for in this City of Oakland FY 2026-27 Adopted Policy Budget ; and be it FURTHER RESOLVED: That the City Administrator is hereby authorized to periodically transfer funds between departments and completed projects as needed in order to clean-up negative budget balances within the same fund; and be it FURTHER RESOLVED: That the City Administrator may transfer operating appropriations and positions: between the City Administrator’s Office and Human Services Department related to Homelessness, and between the Finance Department and Transportation Department during Fiscal Year 2026-27 to facilitate the reorganization of the Parking Division and the establishment and operations of its functions within the respective departments; and be it FURTHER RESOLVED: That the City Administrator may periodically transfer unexpended funds from the Unclaimed Cash Fund (Fund 7440) to the General Purpose Fund (Fund 1010); and be it FURTHER RESOLVED: That the City Administrator may transfer capital appropriations between the Capital Improvement Program and operating departments to the extent that such transfers are necessary to fund capital-related activities of the operating departments; and be it FURTHER RESOLVED: That if additional grant funds become available to offset costs of Capital Improvement Program projects funded in the Capital Improvement Program, then