CC Resolution No. 4489 !
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RESOLUTION 4489
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
ADOPTING AN OPERATING AND CONSTRUCTION BUDGET FOR FISCAL
YEAR 1977-1978 BY RATIFYING ESTIMATES OF REVENUES TO BE
RECEIVED IN EACH FUND AND APPROPRIATING MONIES THEREFROM
FOR SPECIFIED PROGRAM 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;
WHEREAS, the City Manager has submitted his estimates of anticipated reve-
nues and fund balances, has recommended the allocation of monies for specified
program 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 1977-
1978 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 for the purposes
as expressed and estimated for each program activity, subject 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 follow-
ing conditions, authorizations and restr.ictions 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 majo~r object account within a program,.which~is
defined as Employee Services, Supplies and Other Services, Capital Outlay, a
Capital Improvement Project to any other major object account within the same
program 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 program to another program after recommenda-
tion to do so has been submitted to it by the City Manager or to appropriate on
its own volition any additional sums of money to any major object account, line
item account, function or program as it may deem necessary or desirable;
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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 another line item account within a different activity within the same
program when such is necessary to prevent an over-encumbrance or an over-expendi-
ture 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 cause 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
major object accounts which when combined from the amount appropriated to each
function and such d~er:detail and funds activity that will provide an informative
and useful working tool in administering fiscal policy;
Section 5. The estimate 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 se~arate 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 20th day of June , 1977, by the following vote•
Vote ~ Members of the City Council
AYES: Jackson, Meyers, Nellis, 0'Keefe, Frolich
NOES: None
ABSENT: None
ABSTAIN: None
APPROVED:
/s/ Donald A. Frolich
Mayor, City of Cupertino
ATTEST:
/s/ Wm. E. Ryder
City Clerk