CC Resolution No. 25-005 approving budget modification #2425-368, increasing appropriations in the amount of $1,210,000 in the General Fund Video budgetRESOLUTION NO. 25-005
A RESOLUTION OF THE CUPERTINO CITY COUNCIL AMNDING 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 22nd day of January 2025, by the following vote:
Vote Members of the City Council
AYES: Chao, Moore, Fruen, Mohan
NOES: None
ABSENT: Wang
ABSTAIN: None
Resolution No. 25-005
Page 2
SIGNED:
Liang Chao, Mayor
City of Cupertino
Date
ATTEST:
Kirsten Squarcia, City Clerk Date
1/23/2025
1/23/2025
Exhibit A
Appropriation Amendment
by Fund
Appropriation
Amendment
Revenue
Amendment
Fund Balance
(Use of)
General Fund (100) 1,210,000 - (1,210,000)
Total Appropriation
Amendment All Funds
$1,210,000 $- ($1,210,000)