CC Resolution No. 5322 ' • ~
_ AESOLL'TION N0. 5322
A RESOLUTION OF THE CITY COUNCIL OF TEiE CITY OF CUPERTINO
ADOPTING AN OPERATING AND CONSTRUCTION BUDGET FOR FISCAL
YEAR 1980-1981 HY RATIFYING ESTIMATES OF REVLNUES TO BE
RECEIVED IN EACH FUbID AND ~PPROPRIATING MONIES THEREFROM
FOR SPECIFIED PROGRAM ACTIVITIE5 AND ACCOUNTS AND SETTING
FORTH CONDITIONS OF ADMIIJISTERING SAZD 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
WIIEREAS, the extent of any project or program and the degree of its accom-
plishment, as well as the efficiency of performing assigned duties and respon-
sibilities, is likewise dependent on ttie moni~s made available for that purpose;
t+THEREAS, the City Manager has submitted his estimates of anticipated
revenues and fund balances, has recommended the allocation of monies for
specified program activities;
NOW, THEREFORE, BE IT RESOLVED that the City Counci'_ does hereby adopt
the following sections as a part of its fiscal policy;
Section 1. The estimates of available fund balances and an~icipated
revenues to be received in each of the several funds during fiscal year
1980-1981 as submitted by the City i-Ianager in his proposed Operating and Con-
struction Budget and as have been amended during the Budget study sessions
are hereby ratified;
Section 2. There is appropria[ed from each oE the several funds the
sum of money as has been determined during the Budget study sessions for
the purposes as expressed and es[imated for each program activi[y, subject
to the condi[ions as set forth in Section 3, as iiereinafter 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,authoriza[ions and restrictions shall apply;
Section 3.1. No appropriation shall be encumbered nor shall any
expenditure be made in excess of tha[ appropriated except as hereinafter
provided:
Section 3.2. The City tianager is hereby authorized to tranafer
any unencumbered amount from one major object account wlthin a program which
is defined as Employee Services. Supplies and Other Services, Capital Outlay,
a Capital Improvement Pro,ject to any otlier ma~or object account within [he
same program vhen, in his opinion, such becomes neceasary for administ:ative
purposes;
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Res. No. 5322
Section 3.3. The City Council reserves the right to transfer
any unencumbered appropriation from one program to another program after
recommendation 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 ob- ,
ject accoun[, line item account, function or program as it may deem necessary
or desirable;
Section 3.4. The Director of Flnance is hereby authorized to
transfer any unemcumbered appropriation irom one line i[em account Co 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-expenditure
in any one line item account; provided, however, that such cransLer shall
be only after the concurrence oE the affected department head;
Section 4. The City t4anager shall cause to be prepared a budgec docu-
ment incorporating therein the amounts appropriated in Section 2 above,
the estimates of available iund balances and anticipated revenues ratified
in Section L above, the detail accounts and estimated amoun[s comprising the
total [or each of the major object accounts which vhen combined from the amount
appropriated to each function and such ott~er detail and funds ac[ivity 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 espendi[ures of the City of Cupertino Water Utility
are excluded from tt~e foregoing sections of this resolution and which detail
is to be included in a separate budget document from that referred to in
Seccion 4 above.
PASSED AND ADOPTED at a regular meeting of the City Council of the City
of Cupertino this _ 16th day of June , 1980, by the following vote:
Vote Members of the City Council
AYES: Gatto, Plungy, Sparks, Rogers
v0E5: None
ABSE:7T: None
ABSTAIN: None
AFPROVED:
or Cit of C pe~/.'i~io'~-
~TTEST: Y ~ y /
City lerk
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