Attachment C
RESOLUTION NO. 23-_____
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CUPERTINO AMENDING THE OPERATING BUDGET FOR FISCAL
YEAR 2022-23 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 7
th day of March 2023, by the following vote:
Members of the City Council
AYES:
NOES:
ABSENT:
ABSTAIN:
SIGNED:
________
Hung Wei, Mayor
________________________
Date
Resolution No. __________________
City of Cupertino
ATTEST:
________
Kirsten Squarcia, City Clerk
________________________
Date
Resolution No. __________________
EXHIBIT A
Appropriation
Amendment by Fund
Appropriation
Amendment
Revenue
Amendment
Fund Balance
(Use of)
General Fund $3,594,928 $ 2,312,011 $(1,282,917)
Special Revenue Fund $ - $ - $ -
Capital Projects Funds $ - $ - $ -
Enterprise Fund $ - $ - $ -
Internal Service Fund $ - $ - $ -
Total Appropriation
Amendment All Funds
$3,594,928 $ - 2,312,011 $1,282,917