Resolution No. 6932 402
RESOLUTION NO. 6932
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS,
EX OFFICIO GOVERNING BOARD OF DIRECTORS OF THE CYPRESS
RECREATION AND PARK DISTRICT, A SUBSIDIARY DISTRICT OF
THE CITY OF CYPRESS ESTABLISHING THE CYPRESS
RECREATION AND PARK DISTRICT'S APPROPRIATIONS LIMIT FOR
THE 2023-24 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 2023-24 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, Government Code Section 7910 also 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,
acting as the ex officio governing Board of Directors of the Cypress Recreation and Park
District, hereby establishes the FY 2023-24 appropriations limit for the Cypress Recreation
and Park District as follows:
FY 2023-24 Appropriations Limit $11,252,215
FY 2023-24 Population Option Used City of Cypress Growth (-0.12%)
FY 2023-24 Cost of Living Option Used Change in Assessed Valuation due to the
addition of local non-residential new
construction (6.00%)
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 12th day of June, 2023.
(1.1\-PL. 4eikt:).) Ylnatted
MAYOR OF THECITY OF CYPRESS
ATTEST:
1f
CITY CL RK OF THE ITY 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 12th day of June, 2023, by the following roll call vote:
AYES: 4 COUNCIL MEMBERS: Burke, Peat, Minikus and Hertz-Mallari
NOES: 0 COUNCIL MEMBERS: None
ABSENT: 1 COUNCIL MEMBERS: Marquez
CITY ERK OF TH CITY OF CYPRESS