CC Resolution No. 23-016 approving budget modification no. 2223-251 increasing revenue for Jollyman All-Inclusive Playground (420-99-051, PVAR 007) by $1,000,00
RESOLUTION NO. 23-016
RESOLUTION OF THE CUPERTINO CITY COUNCIL AMENDING THE CAPITAL
BUDGET FOR FISCAL YEAR 2022-23 BY APPROPRIATING AMONIES FOR THE
JOLLYMAN ALL-INCLUSIVE PLAYGROUND PROJECT
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 set forth in Exhibit A.
PASSED AND ADOPTED at a regular meeting of the City Council of the City of
Cupertino this 17th day of January, 2023, by the following vote:
Members of the City Council
AYES: Wei, Mohan, Chao, Fruen, Moore
NOES: None
ABSENT: None
ABSTAIN: None
Resolution No. 23-016
Page 2
SIGNED:
________
Hung Wei, Mayor
City of Cupertino
________________________
Date
ATTEST:
________
Kirsten Squarcia, City Clerk
________________________
Date
1/30/2023
1/30/23
Resolution No. 23-016
Page 3
Exhibit A
Revenue Amendment Revenue
Capital Budget Funds 420-99-051 (Current) $25,000
Capital Budget Funds 420-99-051 (Revenue Amendment) $1,000,000
TOTAL $1,025,000