CC Resolution No. 3699 RESOLUTION N0. 3699
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
ADOPTING AN OPERATING AND CONSTRUCTION BUDGET FOR FISCAL
YEAR 1974-1975 BY RATIFYING ESTIMATES OF REVENUES TO BE
RECEIVED IN EACH FUND AND APPROPRIATING MONIES THEREFROM
TO VARIOUS DEPARTMENTS, COMMISSIONS, ACTIVITIES AND AC-
COUNTS 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 l. The estimates of available fund balances and anticipated
revenues to be received in each of the several funds during fiscal year 1974-
1975 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 pro-
vided;
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 of 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 ac-
count to another line item account within the same activity or from one line
item account to another 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 trans-
fer shall be only after the concurrence of the affected department head;
Section 4. The City Manager shall cause to be prepared a budget docu-
ment 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 major object 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
are excluded from the foregoing sections of this resolution and which detail is
to be included in a separate budget document from that referred to in Section
4 above.
PASSED AND ADOPTED at a regular meeting of the City Council of the City
of Cupertino this 2nd day of July, 1974, by the following vote:
Vote Members of the City Council
AYES: Frolich, Jackson, Meyers, Nellis, Sparks
NOES: None
ABSENT: None
ABSTAIN: None
APPROVED:
/s/ Reed Sparks
Mayor, City of Cupertino
ATTEST:
/s/ Wm. E. Ryder
City Clerk
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