CC Resolution No. 20-134 Amending Operating Budget Fiscal Year 2020-21 by Appropriating, Transferring, and Unappropriating MoniesRESOLUTION NO. 20‐134
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AMENDING THE OPERATING BUDGET FOR FISCAL YEAR 2020‐21 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 below amended
appropriations.
PASSED AND ADOPTED at a regular meeting of the City Council of the City
of Cupertino this 17th day of November 2020, by the following vote:
Vote Members of the City Council
AYES: Scharf, Paul, Chao, Sinks, Willey
NOES: None
ABSENT: None
ABSTAIN: None
Resolution No. 20‐134
Page 2
SIGNED:
___________________ ________
Steven Scharf, Mayor
City of Cupertino
_________________________
Date
ATTEST:
_________________________________
Kirsten Squarcia, City Clerk
_________________________
Date
Appropriation Amendment
by Fund
Appropriation
Amendment
Revenue
Amendment
Fund Balance
(Use of)
General Fund 467,042 449,000 (18,042)
Special Revenue Funds 80,000 ‐ (80,000)
Capital Project Funds 1,213,300 1,213,300 ‐
Enterprise Funds 112,950 ‐ (112,950)
Total Appropriation
Amendment All Funds 1,873,292 1,662,300 (210,992)
11/23/2020
11/23/2020