CC Resolution No. 5029 ti
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RESOLLrf IO;i :10. 5029
A RESOLUTIOCI OF THE CITY COIJrCIL OF THE CITT OF CL'PERTI\0
1DOPTIVG ~1.`i OPERATIVG ?~ND CONSTRUCTIOV BUDGET FOR FISC~IL
YEAR 1979-1980 BY RATIFYI:IG ESTI?lATES OF REVEYUES TO BE
RECEIVED IN EACH FL?ID ~1.~D APPROPRIaTI:VG PtONIES THEREFROM
FOR SPECIFIED PROGELa.M ACTIVITIES ASD ~CCOUNTS AYD SETTI~G
FORTH CO;IDITIONS OF ADMI~ISTERI;IG SaID BUDGET
WHEREAS, the orderly adc~inis[ration oi municipal government is dependent
on [he establishment of a sound fiscal policy of maintaining a proper ratio of
expenditures within anticipated revenues and available monies; and
WkiERE~S, the exten[ of any project or program and [he degree of its accom-
plishment, as we11 as [he efficiency of performing assigned duties and responsi-
bilities, is likewise dependent on the monies made available for that purpose;
[JHEREaS, [he City ?[anager has submitted his es[imates uf anticipated
revenues and fund balances, has recommended the alloca[ion of monies for specified
prograa ac[ivities;
y0I1, THEREFORE, BE IT RESOLVED that the City Council does hereby adopt the
following sections as a part of its fiscal policy;
Sec[ion 1. The estimates of available Eund balances and an[icipated
revenues to be received in each of the several runds during fiscal year 1979-1980
as submi[ted by the City ltanager in his proposed Operating and Cons[ruc[ion Budget
and as have been amended during [he Budget study sessions are herebv ratified;
Section 2. There is appropriated trom each of the several funds the sum of
money as has been deterc~ined during the Budgec study sessions for the purposes as
expressed and estimated for each program activity, subject to the conditions as
sec forth in Section 3, as hereinafter described;
Section 3. For orderly and prcper adminis~ration of [he Operating and
Construction Budget and of the monies appropriated in Section 2 above, the £ollow-
ing conditions, auchorizations and restrictiuns shail applv;
Section 3.1. `Io appropriation shall be encumbered nor shall an~
e::pendi[ure be made in excess of that appropriated excep[ as hereinafter provided;
Section 3.2. The Citv ?tanager is herebv authorized Co transfer anv
unencumbered amount fro~a one najor object account within a program which is
defined as Employee Services, Supplies and Other Services, Capital Outlay, a
Gapital Improvenenc Project to am• other najor object account within thP a~u,e
program when, in his opinion, suct~ become~ necessarp for administracive purposes;
Section 3.3. The City Council reserves the right te transier any un-
encumbered appropria[ion irom one progra~ to another program aicer recocaaendation
to do so has been subaitted to it bv the Ci[~: ?fanager or to appropriate en its ocan
voli[ion any addicional suc~s of aoney to am major object accouat, Line item
accuunt, function or program as it may dee~ necessary or desirabie;
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Section 3.4. The Director of Finance is hereby authorized to transfer
I any unencumbered appropriation Erom one line item account to another line ite~
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-expenditure in any one Li~e
item account; provided, however, that such transfer sha11 be only after the
concurrence of the affected department head;
Section 4. The City "lanager shall cause to be prepared a budget document
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incorporating therein the amounts appropriated in Seccion 2 above, the estimates
of available iund 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 coinbined from the amount appropriated to each
function and such o[her detail and funds activity that will provide an informative
and useful working tool in adminis[ering fiscal policy;
Section 5. The estimate of available account and fund balances and thP
~ anticipated revenues and expenditures of the City of Cupertino 'dater Utility
are excluded from [he foregoing sections of this resolution and which detall is
to be included in a separate budget document from that referred to in Section 4
above.
PaSSED .1,~'D ADOPTED at a regular meeting of the City Council of the City of
Cupertino this 18th day of June , 1919, by the foliowing vote:
Vote Members of the Citv Council
aYES: Jackson, 0'Keefe, Rogers, Sparks, Meyera
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j hiOES: None
i ~gp~-r; None
~I ,~BST:IIS: None
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~li aPPROVED:
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~l~ t \ l,l,' / ' -w~
Mayor, Ci[y of Cupert o
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ATTEST:
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' Citv Clerk