CC Resolution No. 14-162 Approving interim expenditures prior to adoption of the operating budget for fiscal year 2014-15 RESOLUTION NO. 14-162
APPROVING INTERIM EXPENDITURES PRIOR TO ADOPTION OF
THE OPERATING BUDGET FOR FISCAL YEAR 2014-15
WHEREAS, State law requires fihat the City of Cupertino adopt an
annual budget representing a financial plan for conducting the affairs of the
City of Cupertino for the fiscal year beginning July 1, 2014 and ending June 30,
2015; and
WHEREAS, there will be submitted to the City Council at the meeting of
July 1, 2014, the Operating Budget and Capital Improvements for fiscal year
2014-15; and
WHEREAS, the proposed Operating Budget and Capital Improvements
for Fiscal Year 2014-15 includes several expenditures prior to the adoption of
the City of Cupertino Operating Budget find Capital Improvements;
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City
of Cupertino hereby approves interim expenditures of the City of Cupertino
prior to the approval of the City of Cupertino Operating Budget and Capital
Improvements for Fiscal Year 2014-15 at the levels set by the City Operating
and Capital Improvement Budget -for 2:013-14' to allow payment of routine
expenses including payroll and vendor expenses at prior year's level.
PASSED AND ADOPTED at a special meeting of the City Council of the City of
Cupertino this 10th day of June 2014, by the following vote:
Vote Members of the City Council
AYES: Wong, Sinks, Chang,, Mahoney
NOES: None
ABSENT: Santoro
ABSTAIN: None
ATTEST: APPROVED:
Grace Schmidt, City Clerk Gilbert Wong, Ma r-,?
City of Cupertino