91208 C.M.S.

Approved as to Form and Legality DRAFT City Attorney' s Office OAKLAND CITY COUNCIL RESOLUTION NO. CMS: RESOLUTION: ADOPTING THE MIDCYCLE BUDGET FOR FISCAL YEARS 2026-27 AND APPROPRIATING FUNDS AND REVENUES TO COVER EXPENDITURES APPROVED BY SAID BUDGET; AND AUTHORIZING THE CITY ADMINISTRATOR To TRANSFER FUNDS BETWEEN DEPARTMENTS, PROGRAMS AND FUNDS AS NECESSARY TO SUPPORT OPERATIONS AS SET FORTH IN THE ADOPTED POLICY BUDGET FOR FISCAL YEAR 2026-27; AND 3. AUTHORIZING ALL ACTIONS NECESSARY TO APPLY FOR ACCEPT AND APPROPRIATE ADDITIONAL FUNDS REQUIRED TO ADVANCE AND COMPLETE THE PROJECTS IDENTIFIED IN THE CAPITAL IMPROVEMENT PROGRAM PROVIDED THAT SUCH ACCEPTANCE IS CONSISTENT WITH AND DOES NOT OTHERWISE NEGATIVELY IMPACT THE CITY S CAPITAL IMPROVEMENT PROGRAM; AND AUTHORIZING THE CITY ADMINISTRATOR TO ACCEPT AND APPROPRIATE FUTURE SETTLEMENT PROCEEDS RECEIVED BY THE CITY AND 5_ AUTHORIZING THE CITY ADMINISTRATOR TO ACCEPT AND APPROPRIATE FUTURE INSURANCE RECOVERIES PROCEEDS RECEVIED BY THE CITY FOR THE REPAIR OR REPLACEMENT OF DAMAGED CITY ASSETS; AND AUTHORIZING THE CITY ADMINISTRATOR TO APPROPRIATE FUNDS AS NECESSARY TO SATIFSY LEGALLY REQUIRED PAYMENTS OR PAYMENTS RELATED TO UNFUNDED LIABILITY; AND