Loading...
CC Resolution No. 14-126 Amending the budget for FY 2013-14RESOLUTION NO. 14 -126 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 FUND TO COVER AMENDED APPROPRIATED MONIES AND APPROPRIATING . MONIES THEREFROM FOR SPECIFIiED 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 WHEREAS, portions of the City Attorney, Community Development and Public Works Department budgets require mid -year adjustments for fiscal year 2013 -2014 that involve revenues paid to the City by applicants to cover the costs for various consultants needed on the Apple Campus 2 project, which have been included in the budget to provide transparency and accountability. NOW, THEREFORE, BE IT RESOLVED that the City Council does hereby ratify the attached anticipated amended resources are to be received in the General fund 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 fund 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 City Council. PASSED AND ADOPTED at a regular adjourned meeting of the City Council of the City of Cupertino this 4th day of March 2.014, by the following vote: Resolution No. 14 -126 Page 2 Vote AYES: NOES: ABSENT: ABSTAIN: RECUSE: ATTEST: Members of the City Council Wong, Chang, Mahoney, Santoro Sinks Grace Schmidt, City Clerk Vote Members of the City Council AYES: Wong, Chang, Mahoney, Santoro NOES: None ABSENT: None ABSTAIN: None RECUSE: Sinks ATTEST: APPROVED: /s/ Grace Schmidt Grace Schmidt, City Clerk /s/ Gilbert Wong Gilbert Wong, Mayor, City of Cupertino Summary of Pass thru Adjustments Department - Program Budget Appropriation Estimated Description Amount Revenue � Attorney� � i t�j � '.c�. • r• ,_ w � aA r� Planning - Construction Plan $ 7,510,998 $7,510,998 Construction Inspection Checking Contract Planning' - Building Code $ ;400,000 $` 400;©00' 1 F Inspection` Public Works - Inspection $ 1,180,392 $1,180,392 Services Total;Ins': ction Contract $`9;091;390 $9,091,390 ' . _ Public Works - Traffic $ 33,850 $ 33,850 Traffic Services Engineering TOTAL PASS THRU, $ 9,640,240 $9640,240 ADJUSTMENTS