CC Resolution No. 21-017 Amending the Operating Budget for FY 2020-21 by Appropriating, Transferring, and Unappropriating Monies for Specified Funds RESOLUTION NO. 21-017
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 attached amended appropriations.
PASSED AND ADOPTED at a regular meeting of the City Council of the City of 1
Cupertino this 2na day of March 2021,by the following vote:
1
3
Vote Members of the City Council
AYES: Paul, Chao, Moore, Wei, Willey
NOES: None
ABSENT: None
ABSTAIN: None
SIGNED:
3�7/—Z-0z/
Darcy Pau ayor Date
City of Cupe
ATTEST:
-7 ( zZ1z,
Kirsten Squarcia, ty Clerk Date
Resolution No. 21-017
Page 2
Appropriation Amendment by Appropriation Revenue Amendment Fund Balance
Fund Amendment (Use of)
General Fund $5,076,800 $3,590,452 ($1,486,348)
Debt Service Fund $27,549,892 $25,918,704 ($1,631,188)
Capital Projects Funds $- $5,000,000 $5,000,000
Total Appropriation Amendment
$32,626,692 $34,509,156 $1,882,464
All Funds