CC Resolution No. 25-007 amending the operating budget for Fiscal Year 2024-25 by appropriating, transferring, and unappropriating monies for specified fundsRESOLUTION NO. 25-007
A RESOLUTION OF THE CUPERTINO CITY COUNCIL AMENDING 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 19th day of February 2025, by the following vote:
Members of the City Council
AYES:
NOES:
Chao, Moore, Fruen,
Wang Mohan
ABSENT: None
ABSTAIN: None
Resolution No. 25-007
Page 2
SIGNED:
________________________
Liang Chao, Mayor
City of Cupertino
__2/27/2025______________________
Date
ATTEST:
________________________
Kirsten Squarcia, City Clerk
__2/27/2025_____________________
Date
Appropriation Amendment
by Fund
Appropriation
Amendment
Revenue
Amendment
Fund Balance
(Use of)
General Fund (100)2,500,000 ‐2,500,000
Total Appropriation
Amendment All Funds
$2,500,000 $‐$2,500,000
Exhibit A