CC Resolution No. 23-103 approving Budget Modification no. 2324-305 increasing appropriations in the Capital Improvement Programs Capital Project Fund for the Building Condition Assessment (BCA) Improvements projectRESOLUTION NO. 23-103
A RESOLUTION OF THE CUPERTINO CITY COUNCIL
AMENDING THE CAPITAL IMPROVEMENT BUDGET FOR FISCAL YEAR 2023-
2024 BY APPROPRIATING MONIES FOR THE CITYWIDE BUILDING
CONDITION ASSESSMENT IMPROVEMENTS 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 allocations 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 10th day of October 2023, by the following vote:
Members of the City Council
AYES: Wei, Mohan, Chao, Fruen, Moore
NOES: None
ABSENT: None
ABSTAIN: None
Resolution No. 23-103
Page 2
SIGNED:
________
Hung Wei, Mayor
City of Cupertino
________________________
Date
ATTEST:
________
Kirsten Squarcia, City Clerk
________________________
Date
10/16/23
10/16/23
Resolution No. 23-103
Page 3
EXHIBIT A
Appropriation Amendment by
Fund
Revenue
Amendment
Appropriations
Amendment
Fund Balance
(Use of)
260 CDBG $367,951.38 $367,951.38 $0
420 Capital Improvement Fund $367,951.38 $367,951.38 $0
Total Appropriation
Amendment
$735,902.76 $735,902.76 $0