CC Resolution No. 14-127 Amending the Budget for FY 2013-14U
RESOLUTION NO. 14 -127
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AMENDING THE OPERATING BUDGET FOR FISCAL YEAR 2013 -14 BY RATIFYING
THE ADEQUACY OF ESTIMATED AMENDED REVENUES TO THE GENERAL AND
SPECIAL FUNDS TO COVER AMENDED APPROPRIATED MONIES AND
APPROPRIATING .MONIES THEREFROM FOR SPECIFIED ACTIVITIES AND
ACCOUNTS
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;
and
WHEREAS, the City Manager has submitted his estimates of amended
anticipated revenues, has determined that estimated amended revenues are adequate to
cover amended appropriations, and has recommended the allocation of monies for
specified program activities
NOW, THEREFORE, BE IT RESOLVED that the City Council does hereby ratify
that the attached anticipated amended resources are to be received in the General and
Special Funds listed in the attachment during fiscal year 2013 -14 and that such
resources are sufficient to cover the attached amended appropriations.
BE IT FURTHER RESOLVED that there is appropriated from the General and
special funds the sum of money set forth as amended expenditures for those funds, to
be used for the purposes as expressed and estimated in the report before the City
Council.
PASSED AND ADOPTED at a regular adjourned meeting of the City Council of
the City of Cupertino this 4th day of March, 2014, by the following vote:
Page 2
Vote Members of the City Council
AYES: Wong, Sinks, Chang, Mahoney, Santoro
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST:
APPROVED:-
L
Grace Schmidt, City Clerk Gil&!rt Wong, Mayor, City of Cuperti o
Revenue Adjustments by Fund
Fund
Revenue Amount
GE'NERA'L
Property Taxes
11321,000
Other Taxes,y 6,7920.00
,
Charges for Services
11,751,029
M.scellareous` ion -0p- ; _ ; _ _ , _ . ;"
r
.. .._ .. _._ 23,839;257
Total General Fund Revenue Adjustments
43,703,286
SPECIAL REVENUE FUNDS
Housing and Community Development
_ a_
$5,008;05Q
Parkland
8,270,994
Adjustments
Total S "ecial Revenue Funds Rever�ue,i
-
$1'3,279;044'.
TOTAL REVENUE ADJUSTMENTS ALL FUNDS
$56,982,330
Expenditure Adjustments by Fund
Fund Expenditure Amount
G'EN,ER'AL,F.UNDW ',;_ J '? , <'� � �r ,. :" $9, "701`;79$
SPECIAL REVENUE FUNDS 317,350
it AL' J CT''FUNDS O i
ENTERPRISE FUNDS 22,730
INTERNAL,SERVICE'FUNDS . - _ . "' 8,993;536 '
TOTAL EXPENDITURE ADJUSTMENTS ALL FUNDS $19,035,414