CC Resolution No. 22-070 approving budget modification #2122-201 increasing appropriations in the CIP Capital Projects Fund (420-99-036)RESOLUTION N0. 22-070
A RESOLUTION OF THE CUPERTINO CITY COUNCIL AMENDING THE
CAPIT AL IMPROVEMENT BUDGET FOR FISCAL YEAR 2021-22 BY
APPROPRIATING MONIES FOR THE HOMESTEAD ROAD-N. DE ANZA
BOULEV ARD TRAFFIC SIGNAL MODIFICATION PROJECT
WHEREAS, the orderly administration of municipal goverr'unent 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 recornrnended fund allocations and ratifies the attached amended
appropriations as set forth in Exhibit A.
PASSED AND ADOPTED at a regular meeting of the City Council of the City of
Cupertino this 7' day of June, 2022, by the following vote:
Vote
AYES:
NOES:
ABSENT:
ABST AIN:
Members of the City Council
Paul, Chao, Moore, Wei, Willey
None
None
None
Resolution No. 22-070
Page 2
SIGNED:
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Darcy Paul(Mayl
City of Cupo
Date
ATTEST:
Kirsten Squarcia, City Clerk Date
6/21/22
EXIHIBIT A
Appropriation
Amendment by
Fund
Appropriation
Amendment
Revenue
Amendment
Fund Balance
(Use of)
Capital Projects
Fund
$96,658 $0 ($96,658)
Total
Appropriation
Amendment
$96,658 $0 ($96,658)