CC Resolution No. 7555
RESOIIJrION NO. 7555
A RESOIIJTION OF '1f!E CITY OXJNCIL OF '1f!E CITY OF aJPERI'INO
AOOPl'ING AN OPERATING AND CONSTRUcr:rON WOOEI' FOR FISCAL
YEAR 1988-89 BY RATIFYING ESTIMATES OF REVENUES ro BE
RECEIVED IN EAŒ FUND AND APPROPRIATING IDNIES '.IHEREF'R:œ1:
FOR SPECIFIED PROGRAM ACl'IVITIES AND ACCXXJNI'S AND ö~!·!·.1.ÑG
FORnI CONDITIONS OF AI:MINISTERING SAID WOOEI'
WHEREAS ,
depeOOent on
proper ratio
monies; ani
the orderin; administration of I1IlJI1icipal government is
the establishment of a sound fiscal policy of maintaining a
of expen:ìitures within anticipated revenues ani available
WHEREAS, the extent of any project or program ani the degree of its
acc:œ¡plishment, as well as the efficiency of perfOJ:1lli.n;J assigned duties
ani responsiliilities, is likewise deperñent on the monies made available
for that purposes;
WHEREAS, the city Manager has submitted his estimates of anticipated
revenues ani fun:1 Þalances, has recammended the allocation of monies for
specified program activities;
NCNl, 'lHEREF'ORE, BE IT RFSOLVED that the City COuncil does hereÞy adopt
the followin; sections as a part of its fiscal policy:
Section 1. '!he estinates of available fun:1 Þalances ani anticipated
revenues to De received in each of the several funjs durin; fiscal year
1988-89 as submitted Þy the city Manager in his proposed Budget ani as
have Peen amerxied durin; the Þudget study sessions are hereÞy ratified,
Section 2. '!here is appropriated from each of the several funjs the
SUII\ of Il'a1'1E!Y as determined durin; the Þudget study sessions for the
purposes as expressed ani estimated for each ~~.LaIII activity, subject to
the corxlitions as set forth in Section 3, as hereinafter descriÞed.
section 3. For orderly ani proper administration of the aperatin; ani
Construction Budget ani of the monies appropriated in Section 2, above,
the follOltlin; corxlitions, authorizations ani restrictions shall apply.
Section 3.1.
expen:ìiture De made
provided.
No appropriation shall De encumÞered nor shall any
in excess of that appropriated except as hereinafter
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Section 3.2. '!he City Manager is hereÞy authorized to
transfer fuOOs for Employee services from one IR"":ILCUU to any ather
IR"":ILCUU, when in his opinion such Þeoanes necessary for
administrative pw:poses.
Section 3.3. '!he City Manager is hereÞy authorized to
transfer any \meI1ClIlIIbere annmt from one activity to any ather
activity within the same major procp:am, when in his opinion such
~ necessary for administrative pw:poses. Major program is
defined as: Cnmmmúty Relations, Fiscal Plarming ani Control,
Legislative ani Legal service, leisure and CUltural service,
Management ani Administration, Rlysical ani Env:iromnental services,
PuÞlic Safety ani Protection, SUpport service, Transportation ani
streets, ani Enterprise.
section 3.4. '!he City Council reseIVes the right to
transfer any \meI1ClIlIIbere appropriation from one p:t:ocp:am to another
program after :recc:atIIDelX3tion to do so has Peen S1.1I::.mitted to it Þy the
City Manager or to ~riate on its own volition any additional
Sl1Il1S of Jroney to any major aCCOlU1t or prog:lam as it may deem
necessary or desirable;
Section 3.5. '!he Director of Finance is hereÞy authorized
to transfer any \meI1ClIlIIbere ~ropriation from one line item aCCOlU1t
to another line item aCCOlU1t within the same activity or from one
line item aCCOlU1t to another line item aCCOlU1t within a different
activity within the same program when such is necessary to prevent an
over-encumbrance or an over-experñiture in any one line item a=unt;
provided, however, that such transfer shall De only after the
concurrence of the affected department head;
Section 4. '!he City Manager shall cause to De prepared a Pudget
document incorporatin; therein the ~ appropriated in Section 2
above, the est:iJnates of available fun:i Þalances ani anticipated
revenues ratified in section 1 above, the detail aCCOlU1ts ani
estimated æoounts cx:mprisin; the total for each of the major object
aCCOlU1ts which when combined from the annmt appropriated to each
function ani such ather detail ani funjs activity that will provide
an infomative ani useful working tool in administerin; fiscal
policy;
Section 5. '!he Director of Finance is hereÞy authorized to
=nti.nue the appropriations of any unexpen:led Capital Project on June
30, 1987 to the authorized limit as set forth in the 1988-89 B.Idget.
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,
Section 6. '!he Finance Director, after fiscal audit of June 30,
1987 financial rec:mds, is hereÞy authorized to transfer the
unreserved Þalance of the follOitlin;J F\n'r:is into a "Reserve for Future
Capital Projects;"
General Fun:i
Capital Içrovements
sto= Drain
Park Dedication
Gas Tax
Environmental
PlISSED AND AOOPI'ED at a regular ~ of the city Council of
the City of CUpertino this 5th day of July, 1988 Þy the
follOltlin; vote:
Vote MemI:>ers of the Citv Council
AYES: Johnson, Koppel, Plungy, Rogers, Gatto
NOES: None
ABSENT: None
~: None
APP.OOVED:
/s/ John M. Gatto
Mayor, City of CUpertino
ATI'EST:
/s/ Dorothv Cornelius
City Clerk
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