RESOLUTION NO. 25-007
A RESOLUTION OF THE CUPERTINO CITY COUNCIL AMENDING THE OPERATING BUDGET FOR FISCAL YEAR 2024 25 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 special meeting of the City Council of the City of Cupertino this 19th day of February 2025, by the following vote:
Members of the City Council
AYES:
NOES:
Chao, Moore, Fruen,
Wang Mohan
ABSENT: None
ABSTAIN: None
ATTACHMENT B
Resolution No. 25- 007
SIGNED:
Liang Chao, Mayor
City of Cupertino
2/27/2025______________________
Date
ATTEST:
Kirsten Squarcia, City Clerk
2/27/2025_____________________
Date
Appropriation Amendment
by Fund
Appropriation
Amendment
Revenue
Amendment
Fund Balance
Use of)
General Fund 100) 2, 500, 000 2, 500, 000
Total Appropriation
Amendment All Funds
2, 500, 000 $$ 2, 500, 000
Exhibit A