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CC Resolution No. 6359 . • ~ RESOLUTION N0. 6359 ' ~ A RESOLUTiON OF THE r,ITY COUNCIL OF THE CITY OE CUPEHTINO ADOPTING AN OPERATING AND CONSTHUCTION BUDGET FOR EISCAL ' YEAR 1984-85 BY RATIFYING ESTIMATES OF REVENUES TO BE . RECEIVED IN EACH FUND AND APPROPBIATING MONIES THEREFROM FOR SPECIFIED PROGRAM ACTIVITIES AND ACCOUNTS AND SETTING FORTH CONDITIONS OF ADMINISTEAING SAID BUD(3ET WHEflEAS~ the orderly administration of municipal government ~is dependent on the establishment of a sound fiscal policy of maintaining a proper ratio of expenditures uithin anticipated revenues and available monies; and . WHEREAS, the extent of any pro~ect or program and the degree of its aceomplishment, as Well as the efficiency of performing assigned duties and responsibilities, is likewise dependent on the monies made available For that purposes; 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 Couneil does hereby adopt the follouing sections as a part of its fiscal policy: Section 1. The estimates of available fund balanees and anticipated revenues to be received in each of the several funds during fiseal year 1984-85 as submitted by the City Manager in his proposed Cost Allocation Plan 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, sub~ect to the conditions as set forth in Seotion 3, as hereinafter described. Section 3• For orderly and proper administration of the Operating and Construotion Budget and of the monies appropriated in Section 2, above, the folloxing •oonditions, suthorizations and • restrictions ~hall apply. Seetion 3•1• No appropri.ation shall be eneumbered nor ahall any expenditure be made in exeass of that appropriated except as hereinafter provided. ' _1_ . . ~ ~ Section 3•2• The City Manager is hereby suthdrized to transfer any uneneumbered amount from one ma~or ob~eet aecount Within a proQram uhlch is defined as Employee Services, Supplies and Other Services, Capital Outlay, a Capital Improvement pro~eet to any other ' ma~or ob~ect account within the same program when, in his opinion~ . such becomes necessary for administrative purposes. Seetion 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 oxn volition any additional sums of money to any ma~or ob~eet account, line item aecount, ~ funetion or program as 1t 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 aceount within the same activity or from one ~ line item account to another line item aceount 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, hoxever, that sueh transfer shall be only after the concurrenee of the affected department head; Seetion 4. The Director of Finance is hereby authorized to eontinue the appropriation of any unexpended balance on June 30, 1984 for Capital pro,~ects to the authorized limit as set forth in the 1984-85 Cost Allocation Plan. Section 5. The City Manager shall cause to be prepared a budget document ineorporating therein the amounts appropriated in Seetion 2 above, the estimates of available fund balances and antieipated revenues ratified in Seetion t above, the detail aecounts and • estimated amounts comprising the total for each of the ma~or ob~ect accounts which xhen combined from the amount appropriated to each funetion and such other detail and funds activity that will provide an informative and useful working tool in administering fiseal policy; Seetion 6. The estimate of available account and fund balanees and the anticipated revenues and expenditures of the City of Cupertino Nater utility are excluded from the foregoing sectiona of ~ this resolution and which detail is to be inaluded in a aeparate budget document from that referred to in Seotion 4 above. _2_ . . . • ~ PASSED AND ADOPTED at a regular meeting of the City Couneil of the City of Cupertino this 18th day of June, 1984 by the folloxing vote: ' Vote Members of the CitY Couneil • AYE3: Gatto, Johnson, Rogers, Plungy NOES: None ~ . ABSENT: Sparks i ABSTAIN: None i APPROVEDs , r, y of Cupe ATTEST: ~ Ci y Clerk _9_ ~ '