Resolution No. 6888 254
RESOLUTION NO. 6888
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS
ESTABLISHING THE CITY'S APPROPRIATIONS LIMIT
FOR THE 2022-23 FISCAL YEAR.
WHEREAS, Article XIIIB of the State Constitution establishes and defines annual
appropriations 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 2022-23 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 2022-23 appropriations limit as follows:
FY 2022-23 Appropriations Limit $95,519,320
FY 2022-23 Population Option Used County of Orange Growth (-0.23%)
FY 2022-23 Cost of Living Option Used California Per Capita Income(7.55%)
PASSED AND ADOPTED by the City Council of the City of Cypress, at a
regular meeting held on the 13th day of June, 2022. %
AZd2. ati-tae- ,
AYOR OF THE CITY OF CYPRESS
ATTEST:
, Avii3O:--)„, , ,. . 00
CITY CLER OF THE CIT 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 13th day of June, 2022, by the following roll call vote:
AYES: 5 COUNCIL MEMBERS: Marquez, Minikus, Peat, Hertz-Mallari and Morales
NOES: 0 COUNCIL MEMBERS: None
ABSENT: 0 COUNCIL MEMBERS: None
54)41 ,4 ikk10-
CITY CLERK OF THE ITY OF CYPRESS