CC Resolution No. 23-105 amending the Capital Improvement budget for fiscal year 2023-2024 by appropriating monies for the McClellan road separated bikeways, phase 3 projectRESOLUTION NO. 23-105
A RESOLUTION OF THE CUPERTINO CITY COUNCIL
AMENDING THE CAPITAL IMPROVEMENT BUDGET FOR FISCAL YEAR 2023-
2024 BY APPROPRIATING MONIES FOR THE MCCLELLAN ROAD SEPARATED
BIKEWAYS, PHASE 3 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. 23-105
Page 2
SIGNED:
________
Hung Wei, Mayor
City of Cupertino
________________________
Date
ATTEST:
________
Kirsten Squarcia, City Clerk
________________________
Date
10/16/23
10/16/23
Resolution No. 23-105
Page 3
EXHIBIT A
Appropriation Amendment by
Budget Unit
Revenue Appropriations
420-99-036 ST 047 -$948,551.46 -$948,551.46
270-85-821 900-871 0 -$975,000.00
270-85-821 440-437 -$975,000.00 0.00
270-99-269 $1,923,551.46 $1,923,551.46
TOTAL $0 $0