CC Resolution No. 17-113 Amending the Operating Budget for Fiscal Year 2017-18 By Appropriating, Transferring, and Unappropriating Monies for Specified FundsRESOLUTION N0.17-113
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AMENDING THE OPERATING BUDGET FOR FISCAL YEAR 2017-18 BY
APPROPRIATING,TRANSFERRING,ANDUNAPPROPRIATINGMONIES
FOR SPECIFIED FUNDS
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 determined that fund balances from the
specified funds are adequate to cover amended appropriations, and has
recommended the allocation of monies for specified funds.
NOW, THEREFORE, BE IT RESOLVED that the City Council does hereby
ratify the attached amended appropriations .
PASSED AND ADOPTED at a regular meeting of the City Council of the
City of Cupertino this 5th day of December 2017, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
ATTEST:
Members of the City Council
Paul, Sinks, Chang, Scharf, Vaidhyanathan
None
None
None
APPROVED :
Grace Schmidt, City Cl erk ~~
City of Cupertino
Attachment A
Appropriation Appropriation Revenue Fund Balance
Amendment by Fund Amendment Amendment (Use of)
General Fund $ 714,880 $287,880 $ (427,000)
Special Revenue Fund $ (56,938) $0 $56,938
Internal Service Fund . . $ (287,880) $ (287,880) $0
Total Appropriation $ 370,062 $0 $ (370,062) Amendment All Funds