CC Resolution No. 23-036 approving a budget modification, increasing appropriations in the General Fund, Transportation, Via Shuttle program budget by $3,594,928
RESOLUTION NO. 23-036
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 7th day of March 2023, by the following vote:
Members of the City Council
AYES: Wei, Mohan, Chao, Fruen, Moore
NOES: None
ABSENT: None
ABSTAIN: None
Resolution No. 23-036
Page 2
SIGNED:
________
Hung Wei, Mayor
City of Cupertino
________________________
Date
ATTEST:
________
Kirsten Squarcia, City Clerk
________________________
Date
3/20/2023
3/22/23
Resolution No. 23-036
Page 3
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