Resolution No. 6624193
RESOLUTION NO. 6624
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS
ESTABLISHING THE CITY'S APPROPRIATIONS LIMIT
FOR THE 2017 -18 FISCAL YEAR.
WHEREAS, Article XIIIB of the State Constitution establishes and defines annual
appropriation limits of local government; and
WHEREAS, appropriations subject to such limits may not exceed such limits; and
WHEREAS, documentation used in the determination of the appropriations limit for
Fiscal Year 2017 -18 has been available to the public in the Finance and Administrative
Services Department for fifteen days as required by Government Code Section 7910; and
WHEREAS, Chapter 1205 of the Government Code requires that each year the
governing body shall, by resolution, establish its appropriations limit.
NOW, THEREFORE BE IT RESOLVED that the City Council of the City of
Cypress, hereby establishes the FY 2017 -18 appropriations limit as follows:
FY 2017 -18 Appropriation Limit
FY 2017 -18 Population Option Used
FY 2017 -18 Cost of Living Option Used
$74,841,098
Orange County Growth (1.0069 %)
California Per Capita Income (3.69 %)
PASSED AND ADOPTED by the City Council of the City of Cypress at a regular
meeting held on the 12th day of June 2017.
ATTEST:
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CITY CLERK OF THE CITY OF CYPRESS
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS
AYOR OF THE CITY OF CYPRESS
I, DENISE BASHAM, City Clerk of the City of Cypress, DO HEREBY CERTIFY
that the foregoing Resolution was duly adopted at a regular meeting of the said City
Council held on the 12th day of June, 2017, by the following roll call vote:
AYES: 5 COUNCIL MEMBERS: Berry, Johnson, Yarc, Peat, and Morales
NOES: 0 COUNCIL MEMBERS: None
ABSENT: 0 COUNCIL MEMBERS: None
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CITY CLERK OF THE CITY OF CYPRESS