CC Resolution No. 14-150 Amending the operatimg budget for the fiscal year 2013-14 RESOLUTION] NO. 14-150
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 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 RESOLVI-D that the City Council does hereby ratify
that the attached anticipated amended resources are to be received in the Special Funds
listed in the attachment during fiscal year 2013-14 and that such resources are sufficient
to cover the attached amended appropriatioi:ts.
BE IT FURTHER RESOLVED that there is appropriated from the 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 regUIELr meeting of the City Council of the City of
Cupertino this 20th day of May 2014, by the following vote:.
Resolution No. 14-150
Page 2
Vote Members of the City Council
o
AYES: Wong, Sinks, Chang, Mahoney, Santoro
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST: APPROVED:
Grace Schmidt, City Clerk Gilbert Wong, Mayor, City upertino
Fund Revenue Amount
SPECI L.IZEVENMUTE OU1NID,rS
Resource Recovery Enterprise Fund 560,000
Fund Expenditure Amount
x S°�PE,CI1�L. RE�1E�t�tUE F,tUl®T�DS _
Resource Recovery Enterprise Fund 560,000