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CC Resolution No. 6110RESOLUTION NO. 6110 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO ADOPTING AN OPERATING AND CONSTRUCTION BUDGET FOR FISCAL YEAR 1983-84 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 accomplishment, as well as the efficiency of performing assigned duties and responsibilities, is likewise dependent on the monies made available for that purpose; WHEREAS, 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 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 1983-84 as submitted by the City Manager 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 appropriated from each of the several funds the sum of money as has been determined during the budget study sessions for the purpose 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 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 provided. Section 3.2. The City Manager is hereby authorized to transfer any unencumbered amount from one major 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 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 object account, line item account, function or program as it may deem necessary or desirable; Section 3.4. The Director of Finance 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 -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 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 other detail and funds activity that will provide an informative and useful working tool in administering fiscal policy; Section S. 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 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 _20th day of June . 1983 by the following vote: Vote Members of the City Council AYES: Johnson, Plungy, Rogers, Spark, Catto NOES: None ABSENT: None ABSTAIN: None ATTEST: �✓srQGC!!i� City Clerk APPROVED: A'ity of . !'If.