CC Resolution No. 19-021 Amending the Operating Budget for Fiscal Year 2018-19 By Appropriating, Transferring, and Unappropriating Monies for Specified FundsRESOLUTION NO. 19-021
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AMENDING THE OPERATING BUDGET FOR FISCAL YEAR 2018-19 BY
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 ftmd reallocations described herein.
NOW, THEREFORE, BE IT RESOLVED that the City Council does hereby
ratify the attached amended appropriations.
PASS ED AND ADOPTED at a Regular Meeting of the City Council of the
City of Cupertino the 51h day of March 2019, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
ATTEST:
Members of the City Council
Scharf, Chao, Paul, Sinks, Willey
None
None
None
APPROVED:
~1tt-I--l 't-/?
Grace Schmidt, City Clerk Steven Scharf, Mayor,
City of Cupertino
Resolution No. 19-021
Page2
Appropriation Amendment by Fund
General Fund
Special Revenue Fund
Capital Projects Fund
Enterprise Fund
Total All Funds
Appropriation
Amendment
$8,329,918
(761,762)
65,000
63,808
$7,696,964
Estimated
Revenue
Amendment Fund Balance
$2,715,000 ($5,614,918)
-761,762
8,000,000 7,935,000
-(63,808)
$10,715,000 $3,018,036