CC Resolution No. 18-113 Amending the Operating Budget for Fiscal Year 2018-19 by Appropriating, Transferring, and Unapprpriating Monies for Specified FundsRESOLUTION N0.18-113
A RESOLillION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AMENDING THE OPERATING BUDGET FOR FISCAL YEAR2018-19BY
APPROPRIATING, TRANSFERRING,ANDUNAPPROPRIATINGMONIES
FOR SPECIFIED FUNDS
WHEREAS, the orderly administration of municipal government depends
on a sound fiscal policy of maintaining a proper ratio of expenditures within
anticipated revenues and available monies; and
WHEREAS, accomplishing City Council directives, projects and programs,
and performing staff duties and responsibilities likewise depends on the monies
available for that purpose; and
WHEREAS, the City Manager has determined that the balances from the
funds specified in this resolution are adequate to cover the proposed amended
appropriations, and therefore recommends the fund reallocations described herein.
NOW, THEREFORE, BE IT RESOLVED that the City Council does hereby
approve the recommended fund reallocations and ratifies the attached amended
appropriations.
PASSED AND ADOPTED at a regular meeting of the City Council of the
City of Cupertino this 20th day of November 2018, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
ATTEST:
Members of the City Council
Paul, Sinks, Chang, Scharf, Vaidhyanathan
None
None
None
APPROVED:
~Jt-
Grace Schmidt, City Clerk
CC Resolution No. 18-113
Page2
Appropriation
Amendment by Fund
General Fund
Special Revenue Fund
Capital Improvement Fund
Enterprise Fund
Internal Service Fund
Total Appropriation
Amendment All Funds
Appropriation
Amendment
416,853
28,778
(3,725,000)
27,864
4,800
(3,246,705)
Revenue Fund Balance
Amendment (Use of)
416,853 1
28,778
{1,800,000) {1,925,000) l
27,864
4,800
(1,800,000) (1,446,705)