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CC Resolution No. 3290 RESOLUTION N0. 3290 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO ADOPTING AN. OPERATING AND CONSTRUCTION BUDGET FOR FISCAL YEAR 1972-1973 BY RATIFYING ESTIMATES OF REVENUES TO BE RECEIVED IN EACH FUND AND APPROPRIATING MONIES THEREFROM TO VARIOUS DEPARTMENTS, COMMISSIONS, ACTIVITIES AND ACCOUNTS AND SETTING FORTH CONDITIONS OF ADMINISTERING SAID BUDGET WHEREAS, the orderly administration of municipal government is dependent on the establishment of a sound fiscal policy of maintaining a proper ratio of expenditures within anticipated revenues and available monies; and WHEREAS, the extent of any project or program and the degree of its accom- plishment, as well as the efficiency of performing assigned duties and responsi- bilities, is likewise dependent on the monies made available for that purpose; and WHEREAS, the City Manager has submitted his estimates of anticipated reven- ues and fund balances, has recommended the allocation of monies to various com- missions and departments for specified functions and activities: NOW, THEREFORE, BE IT RESOLVED that the City Council does hereby adopt the following sections as a part of its fiscal policy: Section 1. The estimates of available fund balances and anticipated revenues to be received in each of the several funds during fiscal year 1972- 1973 as submitted by the City Manager in his proposed Operating and Construction Budget and as have been amended during the Budget study sessions are hereby ratified; Section 2. There is appropriated from each of the several funds the sum of money as has been determined during the Budget study sessions to each department for the purposes as expressed and estimated for each activity, sub- ject to the conditions as set forth in Section 3, as hereinafter described; Section 3. For orderly and proper administration of the Operating and Construction Budget and of the monies appropriated in Section 2 above, the following conditions, authorizations and restrictions shall apply: Section 3.1. No appropriation shall be encumbered nor shall any expenditure be made in excess of that appropriated except as hereinafter provi- ded; Section 3.2. The City Manager is hereby authorized to transfer any unencumbered amount from one major object account, which is defined as Em- ployee Services, Supplies and Other Services or Capital Outlay, to any other major object account within the same function or from one line item account to another line item account within the same function when, in his opinion, such becomes necessary for administrative purposes; Section 3.3. The City Council reserves the right to transfer any unencumbered appropriation from one function to another function after recom- mendation to do so has been submitted to it by the City Manager or to appropri- ate on its own volition any additional sums'ot money to any major object account, line item account or function as it may deem necessary or desirable; Section 3.4. The Director of Administrative Services is hereby authorized to transfer any unencumbered appropriation from one line item account to another line item account within the same activity or from one line item account to ano.ther line item account within a different activity within the same function when such is necessary to prevent an over-encumbrance or an over-expenditure in any.one line.item account; provided, .however, that such transfer shall be only after the concurrence of the affected department head; Section 4.. The City Manager shall cuase to be prepared a budget document incorporating therein the amounts appropriated in Section 2 above, the estimates of available fund balances and anticipated revenues ratified in Section 1 above, the detail accounts and estimated amounts comprising the total for each of .the ma~or ob~ect.accounts which when combined from the amount appropriated to each.function and such other detail and funds activity that will provide an informative and useful working tool in administering fiscal policy; Section 5. The estimates of available account and fund balances and the anticipated revenues and expenditures of the City of Cupertino Water Utility as previously approved.for fiscal year 1972-1973 are excluded from the ~ foregoing sections of this.resolution but which detail is.to be included in . the budget document referred to in Section 4 above, as informational only. PASSED AND ADOP.TED.at a..regular meeting of the City Council of the City of Cupertino this 26th day of June , 1972, by the following vote: AYES: Councilmen - Irwin, Jackson, Meyers, Sparks, Frolich NOES: Councilmen - None ABSENT: Councilmen - None ATTEST: APPROVED: ~fs~.lduL.,• F' -_.$3i~er ~ --/.S~ nnnal:iluA v Er.ol.:i ~,h~ City Clerk Mayor, City of Cupertino -2-