CC Resolution No. 24-036 approving a budget modification for De Anza Boulevard Buffered Bike Lanes ProjectRESOLUTION NO. 24-036
A RESOLUTION OF THE CUPERTINO CITY COUNCIL AMENDING THE
OPERATING BUDGET FOR FISCAL YEAR 2023-24 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
approve the recommended fund reallocations 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 16th day of April 2024, by the following vote:
Vote Members of the City Council
AYES: Mohan, Fruen, Chao, Moore, Wei
NOES: None
ABSENT: None
ABSTAIN: None
SIGNED:
________
Sheila Mohan, Mayor
City of Cupertino
________________________
Date
ATTEST:
________________________
Kirsten Squarcia, City Clerk
________________________
Date
4/22/2024
4/22/2024
Resolution No. 24-036
Page 2
Exhibit A
Appropriation
Amendment by Fund
Appropriation
Amendment
Revenue
Amendment
Fund Balance
(Use of)
Capital Improvement Fund
(420)
5,533 5,533 -
Capital Reserve (429) 5,533 - (5,533)
Total Appropriation
Amendment All Funds $11,066 $5,533 $(5,533)