CC Resolution No. 19-060 Amending the Operating Budget for Fiscal Year 2018-19 by Appropriating, Transferring, and Unappropriating Monies for Specified Funds RESOLUTION NO. 19-060
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AMENDING THE OPERATING BUDGET FOR FISCAL YEAR 2018-19 BY
APPROPRIATING,TRANSFERRING,AND UNAPPROPRIATING MONIES
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
ratify the attached amended appropriations.
PASSED AND ADOPTED at a regular meeting of the City Council of the
City of Cupertino this 21s'day of May 2019,by the following vote:
Vote Members of the City Council
AYES: Scharf, Chao, Paul, Willey
NOES: Sinks
ABSENT: None
ABSTAIN: None
SIGNED•
Steven Scharf,Mayor Date
City of Cupertino
ATTEST-
.Grace Schmidt, City Clerk Date
Resolution No. 19-060
Page 2
Attachment A
Appropriation Appropriation Revenue Fund Balance
Amendment by Fund Amendment Amendment (Use of)
General Fund $571,850 $526,462 $ (45,388)
Capital Projects Fund - $(26,462) $(26,462)
Total Appropriation
$571,850 $500,000 $(71,850)
Amendment All Funds