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102-Draft Resolution A.pdf
AttachmentA RESOLUTIONNO. 11- ARESOLUTIONOF THECITYCOUNCILOF THECITYOFCUPERTINO ADOPTINGANOPERATINGANDCAPITALIMPROVEMENTBUDGETFOR FISCALYEAR 2011-12BYRATIFYING ESTIMATESOFREVENUES TOBE RECEIVEDIN EACHFUNDANDAPPROPRIATING MONIES THEREFROMFOR SPECIFIEDACTIVITIESANDACCOUNTSANDSETTINGFORTH CONDITIONSOFADMINISTERINGSAIDBUDGET WHEREAS,the orderlyadministration ofmunicipalgovernmentis dependent on the establishment ofa sound fiscal policy ofmaintaininga properration ofexpenditureswithin anticipatedrevenuesandavailablemonies;and WHEREAS,theextent ofany project or programandthe degree ofitsaccomplishment, aswellastheefficiency of performingassigned dutiesandresponsibilities,islikewise dependent onthemoniesmadeavailableforthat purpose;and WHEREAS,theCity Manager has submitted hisestimates ofanticipatedrevenuesand fund balances,and hasrecommendedtheallocation ofmoniesfor specified programactivities; NOW, THEREFORE,BEITRESOLVEDthattheCityCouncil does herebyadoptthe following sectionsasa part ofitsfiscal policy: Section 1:Theestimates ofavailablefund balancesandanticipatedresourcesto be receivedineach ofthe severalfunds duringfiscalyear 2011-12as submitted bytheCity Managerin his proposed budgetandas have beenamended duringthe budget study sessionsare herebyratified. Section 2.Thereisappropriatedfromeach ofthe severalfundsthe sum ofmoneyas determined duringthe budget sessionsforthe purposesasexpressedandestimatedforeach department. Section 3.TheCity Manageris herebyauthorizedtoadministerandtransfer appropriations betweenBudgetAccountswithintheOperatingBudgetwhenin his opinion such transfers become necessaryforadministrative purposes. Section 4.TheDirector ofAdministrativeServices shall prepareand submittoCity Council quarterlyarevisedestimate ofOperatingRevenues. Section 5.TheDirector ofAdministrativeServicesis herebyauthorizedtocontinue unexpendedappropriationsforCapitalImprovement projects. ResolutionNo. 11-Page 2 Section 6.TheDirector ofAdministrativeServicesis herebyauthorizedtocontinue appropriationsfor operatingexpendituresthatareencumbered or scheduledto beencumberedat yearend. PASSEDANDADOPTEDataregularmeeting oftheCityCouncil oftheCity of Cupertinothis 21st day ofJune 2011, bythefollowing vote: VoteMembers oftheCityCouncil AYES: NOES: ABSENT: ABSTAIN: APPROVED: Mayor,City ofCupertino ATTEST: CityClerk