RESOLUTION NO. 24-XXX
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AMENDING THE OPERATING BUDGET FOR FISCAL YEAR 2024-25 BY APPROPRIATING MONIES FOR INCREASED SALARY AND BENEFIT COSTS 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 allocations and ratifies the attached amended appropriations as set forth in Exhibit B.
PASSED AND ADOPTED at a special meeting of the City Council of the City of Cupertino this 3rd day of December 2024, by the following vote:
Members of the City Council
AYES:
NOES:
ABSENT:
ABSTAIN:
SIGNED:
________
Sheila Mohan, Mayor
City of Cupertino
________________________
Date
ATTEST:
________
Kirsten Squarcia, City Clerk
________________________
Date
Option B
Exhibit A
Appropriation Amendment by Fund
Appropriation Amendment
Revenue Amendment
Fund Balance (Use of)
General Fund
$19,691
$
($19,691)
Special Revenue Funds
$-
$-
$-
Capital Projects Funds
$-
$-
$-
Enterprise Funds
$-
$-
$-
Internal Service Funds
$-
$-
$-
Total Appropriation Amendment All Funds
$19,691
$-
($19,691)
Resolution No. __________________
Attachment F