CC Resolution No. 20-116 Amending the Operating Budget for Fiscal Year 2020-21 by Appropriating Monies for Specified Funds RESOLUTION NO.20-116
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AMENDING THE OPERATING BUDGET FOR FISCAL YEAR 2020-21 BY
APPROPRIATING 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 is authorized to accept Coronavirus Relief
Fund (CRF) monies from the US Treasury (pass-through via the State of
California) and CARES-CV monies from US Department of Housing and Urban
Development(HUD).
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.
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PASSED AND ADOPTED at a regular meeting of the City Council of the
City of Cupertino this 6th day of October 2020,by the following vote:
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Vote Members of the City Council
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AYES: Scharf, Paul, Chao, Sinks, Willey
NOES: None
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ABSENT: None
ABSTAIN: None
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Resolution No. 20-116
Page 2
SIGNED:
121
Steven Scharf, Mayor Date
City of Cupertino
ATTEST:
Kirsten Squarcia, City Clerk Date
Appropriation Appropriation Revenue Fund Balance
Amendment by Fund Amendment Amendment (Use of)
General Fund 735,259 735,259 -
Special Revenue Fund 553,939 553,939
Total Appropriation
1,289,198 1,289,198 -
Amendment All Funds