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CC Resolution No. 25-047 approving Budget Modification #2425-396RESOLUTION NO. 25-047 A RESOLUTION OF THE CUPERTINO CITY COUNCIL AMENDING THE OPERATING BUDGET FOR FISCAL YEAR 2025-26 BY APPROPRIATING MONIES FOR SPECIFIED FUNDS 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 balance of the funds specified in this resolution is adequate to cover the proposed transfer appropriations and therefore recommends the fund reallocation described herein. 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 17th day of June 2025, by the following vote: Members of the City Council AYES: Chao, Moore, Fruen, Mohan, Wang NOES: None ABSENT: None ABSTAIN: None Resolution No. 25-047 Page 2 Liang Chao, Mayor City of Cupertino Date Kirsten Squarcia, City Clerk Date 7/2/2025 7/2/2025 EXHIBIT A Fund Appropriation Amendment by Fund Amendment Amendment CIP Fund (420) $333,333.33 0 $333,333.33 General Fund (100) $4,000,000 $4,000,000 0 Total Appropriation Amendment All Funds 4,333,333,33 $4,000,000 $- 333,333.33