Resolution No. 6797183
RESOLUTION NO. 6797
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS, AND ACTING
AS THE EX OFFICIO GOVERNING BOARD OF DIRECTORS OF THE CYPRESS
RECREATION AND PARK DISTRICT, APPROVING THE DISTRICT'S ANNUAL
BUDGET FOR THE FISCAL YEAR COMMENCING JULY 1, 2020 AND FIXING THE
LIMITATIONS OF EXPENDITURES FOR THE FUNDS AND ACTIVITIES CARRIED
ON UNDER SUCH FUNDS.
WHEREAS, the City Manager has heretofore prepared and submitted to this Council
a proposed Budget for Cypress Recreation and Park District expenditures for the fiscal year
commencing July 1, 2020, pursuant to law.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
CYPRESS, AND ACTING AS THE EX OFFICIO GOVERNING BOARD OF DIRECTORS
OF THE CYPRESS RECREATION AND PARK DISTRICT:
The proposed Budget, as attached (Attachment A), for expenditures duly submitted
and considered as herein before stated, is hereby approved, adopted and fixed as the
annual budget of the Cypress Recreation and Park District for the fiscal year commencing
July 1, 2020 and ending June 30, 2021, in the amounts and for the funds and activities as
hereinafter set forth; and
That said adopted Budget, including said supplemental revisions and amendments, shall be
duly authenticated by the Clerk of the Council and the same shall be placed in the official
files of the Office of the Clerk of the City Council; and
That the City Manager is hereby authorized to transfer monies as determined necessary to
the competent operation and control of the District business; except that no such transfer
shall be made in contravention to the State law or other City ordinance.
PASSED AND ADOPTED by the City Council of the City of Cypress, ex officio
governing Board of Directors of the Cypress Recreation and Park District, at a regular
meeting held on the 22nd day of June, 2020.
MAYOR OF THIS CITY OF CYPRESS
ATTEST:
CIT K OF
LER
HE CITY OF CYPRESS
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS
I, ALISHA FARNELL, 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 22nd day of June, 2020, by the following roll call vote:
AYES: 5 COUNCIL MEMBERS: Berry, Morales, Peat, Yarc and Johnson
NOES: 0 COUNCIL MEMBERS: None
ABSENT: 0 COUNCIL MEMBERS: None
. 11V�
CITY E K OF TITY OF CYPRESS
FUND
CYPRESS RECREATION AND PARK DISTRICT
SUMMARY OF RESOURCES AND APPROPRIATIONS BY FUND
Fiscal Year 2020-21
BEG. FUND
BALANCE
212 - General Fund $ 10,736,169
213 - Park Development 200,500
TOTAL $ 10,936,669
REVENUES/
SOURCES
184
Attachment A
EXPENDITURES/USES
PROPOSED LOAN FROM
REVENUE CITY
FUND
TSFR-IN
OPERATING CAPITAL FUND END. FUND
BUDGET BUDGET TSFR-OUT BALANCE
$ 7,122,870 $ 12,800,000 $ 200,000 $ 5,159,333 $ 14,957,000 $ 873,205 $ 9,869,501
1,500 - 200,000 2,000
$ 7,124,370 $ 12,800,000 $ 200,000 $ 5,159,333 $ 14,957,000 $ 1,073,205 $ 9,871,501
Note: Fund Transfers In and Fund Transfers Out do not equal in the above schedule due to the following:
Transfer -out of $612,000 is made from the CRPD General Fund to the City of Cypress Infrastructure Reserve Fund for
the reimbursement of capital projects previously funded with Redevelopment Agency monies loaned from the City.
Transfer -out of $111,205 is made from the CRPD General Fund to the District's Equipment Replacement Fund for the
purchase of capital outlay.