CC Resolution No. 24-049 approving budget modification and transfer of $500,000 from the Park Dedication Fund (280) to the All-Inclusive Playground at Jollyman Park Project FundRESOLUTION NO. 24-049
A RESOLUTION OF THE CUPERTINO CITY COUNCIL
APPROVING A BUDGET MODIFICATION AND TRANSFER OF $500,000
FROM THE PARK DEDICAITON FUND TO THE ALL-INCLUSIVE
PLAYGROUND AT JOLLYMAN PARK PROJECT FUND
WHEREAS, the orderly administration of municipal government depends
on a sound fiscal policy of maintaining a proper ratio of expenditures within
anticipated revenues and available monies; and
WHEREAS, accomplishing City Council directives, projects, and programs
and performing staff duties and responsibilities likewise depends on the monies
available for that purpose; and
WHEREAS, the City Manager has determined that the balances from the
funds specified in this resolution are adequate to cover the proposed transfer
appropriations, and therefore recommends the fund reallocations described
herein; and
NOW, THEREFORE, BE IT RESOLVED that the City Council does hereby
approve the recommended fund transfer and ratifies the attached amended
appropriations as set forth in Exhibit A.
PASSED AND ADOPTED at a regular meeting of the City Council of the City of
Cupertino this 4th day of June, 2024, by the following vote:
Members of the City Council
AYES: Mohan, Fruen, Wei
NOES: Moore
ABSENT: None
ABSTAIN: Chao
Resolution 24-049
Page 2
SIGNED:
________
Sheila Mohan, Mayor
City of Cupertino
________________________
Date
ATTEST:
________
Kirsten Squarcia, City Clerk
________________________
Date
6/12/24
6/12/24
EXHIBIT A
Appropriation Amendment
by Fund
Revenue Appropriations Fund Balance
(Use of)
280 Park Dedication Fund $0 $500,000 ($500,000)
420 All-Inclusive Playground
at Jollyman Park Project Fund
$500,000 $500,000 $0
TOTAL $500,000 $1,000,000 ($500,000)