Resolution No. 6435050
RESOLUTION NO. 6435
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS
APPROVING THE ANNUAL BUDGET FOR THE FISCAL YEAR
COMMENCING JULY 1, 2014 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, 2014,
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, 2014
and ending June 30, 2015, 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 he may
determine 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 Counc of t;e City of Cypress at a regular
meeting held on the 9th day of June, 2014.
ATTEST:
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CITY CLERK OF THE CITY OF CYPRESS
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS
MAY
F THE CITY OF CYPRESS
I, DENISE BASHAM, 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 9th day of June, 2014, by the following roll call vote:
AYES: 5 COUNCIL MEMBERS: Bailey, Narain, Yarc, Johnson and Mills
NOES: 0 COUNCIL MEMBERS: None
ABSENT: 0 COUNCIL MEMBERS: None
CITY CLERK OF THE CITY OF CYPRESS
051
Attachment A
CITY OF CYPRESS
SUMMARY OF RESOURCES AND APPROPRIATIONS BY FUND
Fiscal Year 2014 -15
REVENUES /SOURCES EXPENDITURES /USES
BEG. FUND PROPOSED FUND OPERATING CAPITAL DEBT FUND END. FUND
FUND BALANCE REVENUE TRSFR -1N BUDGET BUDGET BUDGET TRSFR -OUT OTHER* BALANCE
11 General Fund $ 121,919 $ 28,113.155 $ 1,362.685 $ 25,197,576 $ - $ $ 5,979,400 $ 1.750.000 $ 170.783
12 Mello Roos 149.214 14,763 14,763 149,214
114 General Fund Grants - 171.200 4,400 175,600 - - - -
221 Traffic Safety 17,500 117,500
231 Spec Gas Tax 2105 - 225,000 - - - 225,000
232 Special Gas Tax 2106 455,796 169,000 450,000 - 1,040,000 - - 34,796
233 Special Gas Tax 2107 - 356,000 - - - 356,000
234 Traffic Mitigation Assmt 209,169 500 - - 84,886 - - - 124.783
235 Regional Traffic Fee 336,484 500 - - - 336.984
236 Measure M Gas Tax 512,826 813,000 - - - - 750,000 - 575,
238 Special Gas Tax 2103 1,618,393 527.000 - - - 684,000 - 1,461,393 826
251 Lighting Dist No 2 3,975,268 908 500 784,022 117,600 3.982,146
261 Storm Drain Fund 678,110 340,500 250,000 589,833 - - - 678,777
262 Plan Local Drain Fac 200,491 5,200 205,691
271 Corp Ctr Maim Dist 81 29.408 75,000 65.200 9.780 29.428
281 Narc Asset Seizure 1,326.776 444,000 - 317,773 280,011 1.172.992
291 Cable TV PEG 451,212 40,000 2,000 - 489,212
301 Supp Law Enforcement - 100,045 100,045 -
311 AB 2766 250,532 58,600 - 300.132
321 Sewer Fund 2,345,724 2.058,355 - 362,744 1,300,000 48,000 - 2,693,335
415 Capital Projects 11,112,322 570.701 5,074,000 8,658,059 - 8,098,964
416 Infrastructure Reserve 19,042,757 4,037,000 2.425,000 (60,000) 20,594.757
471 Low and Mod Hsg Assel 66.467 21,000 87,122 - 345
510 Debt Svc -Refin Civ Ctr 1,776,905 23.100 455,377 - - 478,477 - - 1,776,905
TOTAL $ 44,659,773 $ 35,152,619 $ 11,633,462 $ 27,694,678 $ 11,082,945 $ 526,477 $ 10,946,291 $ 1,690,000 $ 42,885,463
Denotes decrease (increase) of assigned /nonspendable fund balances anticipated during the fiscal year
Transfer -out of $2,000 is made from the Narcotics Asset Seizure Fund to the Equipment Replacement Internal Service Fund for Capital Outlay.
Transfer -out of $78,206 is made from the Narcotics Asset Seizure Fund to the Equipment Replacement Internal Service Fund for Capital Outlay.
Transfer -in of 5312.000 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.
Transfer -in of $455,377 is made from the Successor Agency to the Redevelopment Agency to the Debt Service -Civic Center Refinancing Fund per debt agreement.