CC Resolution No. 16-061 Adopting a Portion of the Operating and Capital Improvement Budget for Fiscal Year 2016-17 Related to Pass-Through Revenues for the Apple Campus 2 ProjectRESOLUTION NO. 16-061
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
ADOPTING A PORTION OF THE OPERATING AND CAPITAL IMPROVEMENT
BUDGET FOR FISCAL YEAR 2016-17 RELATED TO PASS-THROUGH REVENUES
FOR THE APPLE CAMPUS 2 PROJECT
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 anticipated
revenues and fund balances, has determined that estimated revenues and fund balances
are adequate to cover appropriations, and has recommended the allocation of monies
for specified program activities; and
WHEREAS, a portion of the Community Development and Public Works
Department budget for fiscal year 2016-17 budget involves "pass-through" revenues
paid to the City 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
approve the following:
Section 1: That portion of the Planning and Community Development and
Public Works Departments budget for fiscal year 2016 -17 reflecting pass-through
revenues paid to the City to cover consultant and expert costs associated with the Apple
Campus 2 project, as shown in more detail on Attachment Al, attached and
incorporated by reference.
Resolution No. 16-061
Page2
PASSED AND ADOPTED at a regular meeting of the City Council of the City of
Cupertino this 6th day of June, 2016, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
ATTEST:
Members of the City Council
Chang, Vaidhyanathan, Paul, Wong
None
Sinks
None
APPROVED:
6~[(9,)-
Grace Schmidt, City Clerk
FISCAL YEAR 2016-17 PROPOSED BUDGET
FINANCIAL OVERVIEW BY FUND
Special Debt
Attachment Al
Revenue Service Capital Enterpn s e Internal Service 2016-17 Propos ed
Revenue Categories General Fund Fund Fund Project Funds Funds Funds Budget Total
Sales Tax
Property Tax
Transient Occupancy
Utility Tax
Franchise Fees
Other Taxes
Licenses & Permits
Use of Money & Property
Intergovernmental
Charges for Services
Fines & Forfeitures
Miscellaneous
Transfers In
TOTAL REVENUE $
3.423.3 20
3.423.320 $
$ $
3.423.320
-$ $ 3.423.320
Special Debt
Revenue Service Capital Enlerpn s e Internal Service 2016-17 Propos ed
Appropnahon Categones General Fund Fund Fund Pro1ect Funds Funds Funds Budget Total
Employee Compensation
Employee Benefits
Materials
Contract Services
Contingencies
Cost Allocalion
Special Projects
Capital Outlays
Debt Service/Other Uses
Transfers Out
TOT AL EXPENDITURES $
2.976.800 2.976.800
2.976.800 $ $ $ 2.976.800