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Resolution No. 6367065 RESOLUTION NO. 6367 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS APPROVING THE ANNUAL BUDGET FOR THE FISCAL YEAR COMMENCING JULY 1, 2013 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, 2013, 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, 2013 and ending June 30, 2014, 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 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 10th day of June, 2013. )J cn/\eA-. MAYOR F THE CITY OF CYPRESS ATTEST: CITY CLERK OF THE CITY OF CYPRESS STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS 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 10th day of June, 2013, by the following roll call vote: AYES: 5 COUNCIL MEMBERS: Yarc, Johnson, Bailey, Mills and Narain NOES: 0 COUNCIL MEMBERS: None ABSENT: 0 COUNCIL MEMBERS: None �-� - ! 4r CITY CLERK OF THE CITY OF CYPRESS Attachment A CITY OF CYPRESS SUMMARY OF RESOURCES AND APPROPRIATIONS BY FUND Fiscal Year 2013 -14 REVENUES /SOURCES EXPENDITURES /USES 066 BEG. FUND PROPOSED FUND OPERATING CAPITAL DEBT FUND END. FUND FUND BALANCE REVENUE TRSFR -IN BUDGET BUDGET BUDGET TRSFR -OUT OTHER' BALANCE 111 General Fund $ 115,978 $ 27,701,827 $ 1,138,228 $ 24,302,720 $ $ - $ 4,254,200 $ (245,038) $ 154,073 112 Mello Roos 149,214 14,512 - 14,512 - 149,214 114 General Fund Grants 171,000 4,200 175,200 - 221 Traffic Safety 125,000 - 125,000 231 Spec Gas Tax 2105 235,000 - 235,000 232 Special Gas Tax 2106 830,887 184,000 450,000 1,410,000 - 34,887 233 Special Gas Tax 2107 351,000 - 351,000 234 Traffic Mitigation Assmt 593,233 5,000 - 67,404 530,829 235 Regional Traffic Fee 335,671 500 - - 336,171 236 Measure M Gas Tax 315,049 755,000 750,000 320,049 238 Special Gas Tax 2103 1,398,400 704,500 300,000 - 1,802,900 251 Lighting Dist No 2 3,609,450 887,300 - 782,983 - 117,448 3,596,319 261 Storm Drain Fund 383,739 363,800 500,000 585,118 662,421 282 Plan Local Drain Fac 138,588 20,500 159,088 271 Corp Ctr Maint Dist #1 22,858 75,000 - 85,146 - 9,780 22,730 281 NarcAssetSeizure 1,098,308 360,000 - 228,276 69,534 1,160,498 291 Cable TV PEG 400,747 36,000 436,747 301 Supp Law Enforcement 100,045 100,045 - '11 AB 2768 264,319 55,600 - 77,000 - 242,919 1 Sewer Fund 1,558,658 2,060,910 301,740 1,300,000 54,000 1,961,828 415 Capital Projects 1,120,329 10,233,121 10,233,121 1,120,329 416 Infrastructure Reserve 16,498,392 3,635,173 8,175,000 (58,000) 11,900,585 471 Low and Mod Hsg Asset 97,230 11,000 100,641 - 7,589 510 Debt Svc -Reftn Civ Ctr 1,776,763 23,090 462,352 - 475,342 1,786,863 TOTAL $ 30,705,609 $ 34,220,584 $ 16,423,074 $ 26,656,381 $ 13,010,525 $ 529,342 $ 14,463,982 $ (303,038) $ 26,386,019 * Denotes decrease (increase) of assigned fund balances anticipated during the fiscal year Transfer -out of $61,413 is made from the Narcotics Asset Seizure Fund to the Equipment Replacement Internal Service Fund for Capital Outlay. Transfer -out of $77,000 is made from the AB 2766 Fund to the Equipment Replacement Internal Service Fund for Capital Outlay. Transfer -in of $1,635,173 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 $462,352 is made from the Successor Agency to the Redevelopment Agency to the Debt Service -Civic Center Refinancing Fund per debt agreement