HomeMy WebLinkAboutCC Resolution No. 25-089 approving budget modification 2526-413 increasing appropriations by $605,061RESOLUTION NO. 25-089
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AMENDING THE OPERATING BUDGET FOR FISCAL YEAR 2025-26 BY
APPROPRIATING, TRANSFERRING, AND UNAPPROPRIATING 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 balances from the
funds specified in this resolution are adequate to cover the proposed amended
appropriations, and therefore recommends the fund reallocations described
herein.
NOW, THEREFORE, BE IT RESOLVED that the City Council does hereby
approve the recommended fund reallocations 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 21st day of October 2025, by the following vote:
Members of the City Council
AYES: Chao, Moore, Fruen, Mohan
NOES: None
ABSENT: Wang
ABSTAIN: None
Resolution No. 25-089
Page 2
SIGNED:
________
Liang Chao, Mayor
City of Cupertino
__10/23/2025___________________
Date
ATTEST:
________
Kirsten Squarcia, City Clerk
__10/23/2025___________________
Date
Exhibit A
Appropriation
Amendment by Fund
Appropriation
Amendment
Revenue
Amendment
Fund Balance
(Use of)
General Fund 489,995 - (489,995)
Special Revenue Funds 35,520 -(35,520)
Capital Project Funds - -
Enterprise Funds 79,546 - (79,546)
Internal Service Funds - - -
Total Appropriation
Amendment All Funds $ 605,061 $ - $ (605,061)