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Resolution No. 4483 68 RESOLUTION NO. 4483 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS, ESTABLISHING THE CITY'S APPROPRIATIONS LIMIT FOR THE 1995-96 FISCAL YEAR. WHEREAS, Article X111B 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, Chapter 1205 of the Government Code requires that each year the governing body shall, by resolution, establish its appropriations limits. NOW, THEREFORE BE IT RESOLVED that the City Council of the City of Cypress, hereby establishes the FY 1995-96 appropriations limit as follows: 1995-96 Appropriation Limit $27 , 708, 108 1995-96 Population Option Used City of Cypress Growth (2 . 04%) 1995-96 Inflation Option Used California Per Capita Income (4 . 72%) PASSED AND ADOPTED by the City Council of the City of Cypress, at a regular meeting held on the 22nd day of May 1995. YOR OF THE CITY OF CYPRESS ATTEST:7 ,,1 Che e� CITY CLE OF THE C/IT/Y OF CYPRESS STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS I, DARRELL ESSEX, City Clerk of the City of Cypress, DO HEREBY CERTIFY that the foregoing Resolution was duly adopted by said City Council at a regular meeting held on the 22nd day of May 1995; by the following roll call vote: AYES: 5 COUNCIL MEMBERS: Bowman, Carroll, Jones, Kerry and Age NOES: 0 COUNCIL MEMBERS: None ABSENT: 0 COUNCIL MEMBERS: None CITY CL.RK 0 THE yaTY OF CYPRESS