CC Resolution No. 19-139 Amending the Operating Budget for Fiscal Year 2019-20 By Appropriating, Transferring, and Unappropriating Monies for Specified Funds RESOLUTION NO. 19-139
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AMENDING THE OPERATING BUDGET FOR FISCAL YEAR 2019-20 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 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 19th day of November 2019,by the following vote:
Vote Members of the City Council
AYES: Scharf, Chao, Paul, Willey
NOES: None
ABSENT: Sinks
ABSTAIN: None
SIG
LL-1
Steven Scharf,Mayor Date
City of Cupertino
ATTEST:
Grace Schmidt, City Clerk Date
Appropriation Amendment Appropriation Revenue Fund Balance
by Fund Amendment Amendment (Use of)
General Fund 691,288 237,847 (453,441)
Special Revenue Fund 41,565 - (41,565)
Total Appropriation 732,853 237,847 (495,006)
Amendment All Funds