Loading...
HomeMy WebLinkAboutCC Resolution No. 25-110 approving Budget Modification No. 2425-425, increasing appropriations by $2,500,000 in the Capital Improvement Fund for the Project (420-99-250)RESOLUTION NO. 25-110 A RESOLUTION OF THE CUPERTINO CITY COUNCIL APPROVING A BUDGET MODIFICATION, INCREASE APPROPRIATION OF $2,500,000 TO THE CITY HALL IMPROVEMENTS CAPITAL IMPROVEMENT PROGRAMS 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 reallocation 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 16th day of December 2025, by the following vote: Members of the City Council AYES: Moore, Chao, Fruen, Mohan NOES: Wang ABSENT: None ABSTAIN: None Resolution No. 25-110 Page 2 SIGNED: ________ Kitty Moore, Mayor City of Cupertino ________________________ Date ATTEST: Kirsten Squarcia, City Clerk Date 12/23/2025 12/23/2025 Resolution No. 25-110 Page 3 EXHIBIT A Appropriation Amendment by (Use of) GENERAL $0 $2,500,000 $2,500,000 CIP $2,500,000 $2,500,000 $0