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CC RESOLUTION 5268RESOLUTION NO. 5268 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF EL SEGUNDO AUTHORIZING THE CHANGE OF THE CITY OF EL SEGUNDO'S FISCAL YEAR MEASUREMENT PERIOD. The City Council of the City of El Segundo does resolve as follows: SECTION 1: Recitals: A. The City of El Segundo (the "City") has a fiscal year measured from October 1st through September 30th each fiscal year; B. The City adopted an abbreviated nine -month fiscal year budget for the period of October 1, 2020 through June 30, 2021; C. The City adopted a nine -month budget for FY 2020-2021 in order to transition to a new fiscal year measurement period of July 1st through June 30th beginning with Fiscal Year 2021-2022; SECTION 2: Adoption and Authorization. The City Council hereby adopts the formal change of the City's fiscal year measurement period to July 1st through June 30th (12 month cycle) beginning with July 1, 2021 for Fiscal Year 2021-2022 and all subsequent fiscal years. SECTION 3: This Resolution will become effective immediately upon adoption and remain effective unless superseded by a subsequent resolution. PASSED AND ADOPTED this 15th day of June, 2021, ATTEST: Trcy"ilavr" +pity Clem APPROVED AS TO FORM: -ensley,i Drew Boyles, Ma µ Page 1 of 1 CERTIFICATION STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) SS CITY OF EL SEGUNDO ) I, Tracy Weaver, City Clerk of the City of El Segundo, California, do hereby certify that the whole number of members of the City Council of said City is five; that the foregoing Resolution No. 5268 was duly passed, approved, and adopted by said City Council at a regular meeting held on the 15th day of June, 2021, approved and signed by the Mayor Pro Tem, and attested to by the City Clerk, by the following vote: AYES: Mayor Boyles, Mayor Pro Tern Pimentel, Council Member Pirsztuk, Council Member Nicol and Council Member Giroux NOES: None ABSENT: None ABSTAIN: None WITNESS MY HAND THE OFFICIAL SEAL OF SAID CITY this Z,1/1`/. day of June, 2021 -: Py "leave .,;° Zndo, 'Ierk of the City oflw California