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Resolution No. 6259453 RESOLUTION NO. 6259 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS APPROVING THE ANNUAL BUDGET FOR THE FISCAL YEAR COMMENCING JULY 1, 2011 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, 2011, 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, 2011 and ending June 30, 2012, 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 Rec ati•n and Park District, at a regular meeting held on the 13th day of June, 2011. ATTEST: io-e-Gt,tok ea,a4a4/17) CITY CLERK OF THE CITY OF CYPRESS STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS MAYOR HE 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 13th day of June, 2011, by the following roll call vote: AYES: 5 COUNCIL MEMBERS: Bailey, Luebben, Narain, Seymore, and Mills NOES: 0 COUNCIL MEMBERS: None ABSENT: 0 COUNCIL MEMBERS: None CITY CLERK OF THE CITY OF CYPRESS FUND 111 General Fund 112 Mello Roos 114 General Fund Grants 221 Traffic Safety 231 Spec Gas Tax 2105 232 Special Gas Tax 2106 233 Special Gas Tax 2107 234 Traffic Mitigation Assmt 235 Regional Traffic Fee 236 Measure M Gas Tax 238 Special Gas Tax 2103 251 Lighting Dist No 2 261 Storm Drain Fund 262 Plan Local Drain Fac 271 Corp Ctr Maint Dist #1 281 Narc Asset Seizure 291 Cable TV PEG 301 Supp Law Enforcement 311 AB 2766 321 Sewer Fund 415 Capital Projects 416 Infrastructure Reserve 510 Debt Svc -Refin Civ Ctr TOTAL 454 Attachment A CITY OF CYPRESS SUMMARY OF RESOURCES AND APPROPRIATIONS BY FUND Fiscal Year 2011 -12 BEG. FUND BALANCE $ 34,545 149,213 1,473,802 1,468,059 332,978 908,273 500,000 3,436,940 1,312,441 63,033 22,801 647,381 354,452 133,107 3,973,672 10,693,445 12,824,682 1,138,745 $ 39,467,569 REVENUES /SOURCES EXPENDITURES /USES PROPOSED FUND REVENUE TRSFR -IN $ 28,050,303 14,748 14,000 210,000 263,500 175,000 450,000 536,000 167,575 500 658,093 550,000 847,000 365,000 6,563,233 200 70,500 327,000 38,000 100,135 55,750 1,546,315 60,000 3,925,000 3,750,000 23,220 447,405 $ 34,072,839 $ 16,622,393 OPERATING BUDGET CAPITAL DEBT FUND END. FUND BUDGET BUDGET TRSFR -OUT BALANCE $ 1,486,755 $ 23,351,376 $ 180,000 $ 14,748 14,000 890,000 1,260,000 784,098 533,440 7,060,000 64,271 157,850 100,135 1,500 275,532 2,016,000 75,000 3,925,000 470,625 $ 25,296,950 $ 15,331,000 $ 545,625 $ 6,000,000 $ 40,227 149,f" 210,000 263,500 1,208,802 536,000 375,634 333,478 850,000 716,366 1,050,000 117,615 3,382,227 647,234 63,233 9,640 19,390 377,500 439,031 6,968 385,484 187,357 3,153,455 10,753,445 7,425,000 9,149,682 1,138,745 $ 15,859,456 $ 33,129,770 Transfer -in of $350,000 is made from the Equipment Replacement Internal Service Fund to the General Fund for Capital Outlay items that will not be replaced. Transfer -out of $27,500 is made from the Narcotics Asset Seizure Fund to the Equipment Replacement Internal Service Fund for Capital Outlay. Transfer -out of $6,968 is made from the Cable TV PEG Fund to the Equipment Replacement Internal Service Fund for Capital Outlay. Transfer -in of $447,405 is made from the Redevelopment Agency to the Debt Service -Civic Center Refinancing Fund per debt agreement.