Resolution No. 6842366
RESOLUTION NO. 6842
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS
APPROVING THE ANNUAL BUDGET FOR THE FISCAL YEAR
COMMENCING JULY 1, 2021 AND FIXING THE LIMITATIONS OF
EXPENDITURES FOR THE SEVERAL FUNDS AND THE FUNCTIONS,
DEPARTMENTS, AND ACTIVITIES CARRIED ON UNDER SUCH
FUNDS.
WHEREAS, the City Manager has heretofore prepared and submitted to this
Council a proposed Budget for expenditures for the fiscal year commencing July 1, 2021,
pursuant to law.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF CYPRESS:
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 City of Cypress for the fiscal year commencing July 1, 2021
and ending June 30, 2022, in the amounts and for the funds, purposes, functions,
departments 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 City 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
goveming Board of Directors of the Cypress Recreation and Park District, at a regular
meeting held on the 14th day of June, 2021.
ATTEST:
CITY CLERK OF THE ITY OF CYPRESS
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS
YOR OF THE CITY OF CYPRESS
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 14th day of June, 2021, by the following roll call vote:
AYES: 5 COUNCIL MEMBERS: Hertz, Marquez, Morales, Berry and Peat
NOES: 0 COUNCIL MEMBERS: None
ABSENT: 0 COUNCIL MEMBERS: None
CITY CLERK OF T
-IE CITY OF CYPRESS
FUND
111 General Fund Operations
111 General Fund Reserves
114 General Fund Grants
115 Pandemic Response
221 Traffic Safety
231 Spec Gas Tax 2105
232 Special Gas Tax 2106
233 Special Gas Tax 2107
234 Traffic Mitigation Assmt
235 Regional Traffic Fee
236 Measure M2 Sales Tax
238 Special Gas Tax 2103
239 Road Maint and Rehab
251 Lighting Dist No 2
261 Storm Drain Fund
262 Plan Local Drain Fac
271 Corp Ctr Maint Dist #1
281-83 Narc Asset Seizure
291 Cable TV PEG
301 Supp Law Enforcement
311 AB 2766
321 Sewer Fund
415 Capital Projects
416 Infrastructure Reserve
471 Low and Mod Hsg Assets
TOTAL
CITY OF CYPRESS
SUMMARY OF RESOURCES AND APPROPRIATIONS BY FUND
Fiscal Year 2021-22
REVENUES/SOURCES
EXPENDITURES/USES
ATTACHMENT A
BEG. FUND PROPOSED FUND OPERATING
BALANCE REVENUE TRSFR-IN BUDGET
$ 1,060,000 $ 33,691,840 $ 1,245,160 $ 33,110,674
21,552,208
CAPITAL DEBT FUND END. FUND
BUDGET BUDGET TRSFR-OUT OTHER* BALANCE
$ $ $ 1,929,817 $ 100,000 $ 1,056,509
209,493 7,975 217,468 -
4,613,164 - - 625,000 3,988,164
120,000 - 120,000 -
286,850 - - 286,850 -
490,541 179,254 - 150,000 519,795
371,038 - 371,038 -
371,783 1,000 - - - 372,783
377,551 500 - - - 378,051
749,921 868,598 100,000 600,000 918,519
773,269 445,220 - 250,000 968,489
399,469 975,471 250,000 1,200,000 - 424,940
4,986,464 1,343,830 200,000 974,327 610,000 207,650 4,738,317
1,003,594 372,250 250,000 598,645 - - 75,000 952,199
829,090 6,500 - - 835,590
173,539 87,000 - 77,477 11,622 171,440
576,805 11,500 - 65,632 - - 522,673
631,542 80,000 43,000 668,542
129,196 - 129,196 - - -
63,000 - 63,000 -
5,160,782 1,847,095 - 472,813 625,000 - - 5,910,064
15,837,581 224,000 3,835,000 3,809,000 - 16,087,581
54,095,130 350,000 1,044,000 - 1,460,000 (1,275,000) 52,754,130
24,561 7,980 - 28,037 - 4,504
$ 113,706,994 $ 41,671,615 $ 6,832,135 $ 35,674,269 $ 6,344,000 $ $ 6,192,977 $ (1,275,000) $ 112,724,498
(100,000) 21,452,208
* Denotes increase/(decrease) of committed/assigned/nonspendable fund balances anticipated during the fiscal year which include the following:
- Accumulated General Fund reserves used for operations in FY 2020-21: $100,000 Budget Stabilization Reserve
- Loan of $1,275,000 to the Recreation and Park District for Amold Cypress Park design (Infrastructure Reserve Fund)
Note: Fund Transfers In and Fund Transfers Out do not equal in the above schedule due to the following:
Transfer -out of $121,842 is made from the General Fund to the Equipment Replacement Internal Service Fund for Capital Outlay.
Transfer -out of $110,000 is made from the Pandemic Response Fund to the City Central Services Internal Service Fund for supplies and services.
Transfer -out of $75,000 is made from the Storm Drain Fund to the Equipment Replacement Internal Service Fund for Capital Outlay.
Transfer -out of $35,000 is made from the Cable TV PEG Fund to the Equipment Replacement Internal Service Fund for Capital Outlay.
Transfer -out of $63,000 is made from the AB 2766 Trip Reduction Fund to reimburse the Equipment Replacement Internal Service Fund for a prior year
Capital Outlay purchase.
Transfer -in of $1,044,000 is made from the Cypress Recreation and Park District General Fund to the City Infrastructure Reserve Fund for the reimbursement of
capital projects previously funded with Redevelopment Agency monies that were borrowed from the City.