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Resolution No. 6507368 RESOLUTION NO. 6507 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS APPROVING THE ANNUAL BUDGET FOR THE FISCAL YEAR COMMENCING JULY 1, 2015 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, 2015, 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, 2015 and ending June 30, 2016, 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 determined 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 8th day of June, 2015. ATTEST: 104,t,0-(1 'v CITY CLERK OF THE CITY OF CYPRESS STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS MAYOR IATHE 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 8th day of June, 2015, by the following roll call vote: AYES: 5 COUNCIL MEMBERS: Berry, Morales, Peat, Yarc and Johnson NOES: 0 COUNCIL MEMBERS: None ABSENT: 0 COUNCIL MEMBERS: None CITY CLERK OF THE CITY OF CYPRESS FUND CITY OF CYPRESS SUMMARY OF RESOURCES AND APPROPRIATIONS BY FUND Fiscal Year 2015 -16 REVENUES /SOURCES EXPENDITURES /USES BEG. FUND PROPOSED BALANCE REVENUE 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 AI3 2766 321 Sewer Fund 415 Capital Projects 416 Infrastructure Reserve 471 Low and Mod Hsg Asset 510 Debt Svc -Refin Civ Ctr TOTAL $ 369 Attachment A FUND OPERATING CAPITAL DEBT FUND END. FUND TRSFR -IN BUDGET BUDGET BUDGET TRSFR -OUT OTHER* BALANCE 170,783 $ 29,817,356 $ 808,440 $ 26,081,377 $ $ $ 8,310,036 $ 3,779,050 $ 184,216 149,214 14,495 - 14,495 149,214 160,471 2,700 163,171 - 90,000 - - 90,000 235,000 - - 235,000 584,715 619,000 430,000 - 1,540,000 - 93,715 354,000 - 354,000 858,727 2,500 - - 240,000 - - 338,986 500 - - 557,870 812,400 - 730,000 1,629,393 249,800 - 143,623 4,072 318 1,008,284 119,890 691,287 335,400 250,000 453,873 6,200 53,087 77,688 9,550 1,612,654 295,000 218,196 496,254 44,000 100,050 390,730 60,850 - - 81,200 2,623,329 2,422,115 354,804 1,300,000 40,000 18,656,323 4,830,623 - 13,830,623 - 20,740,811 4,325,000 - 2,337,000 (60,000) 45,370 20,000 25,000 80,691 1,787,004 23,100 457,237 - 480,337 799,264 754,453 52,469 101,612 100,050 55,912,728 $ 36,748,209 $ 11,129,000 $ 28,502,386 $ 16,910,623 $ 520,337 $ 12,628,495 $ 3,719,050 Denotes decrease (increase) of assigned /nonspendable fund balances anticipated during the fiscal year Transfer -out of $32,336 is made from the General Fund to the Equipment Replacement Internal Service Fund for Capital Outlay. Transfer -out of $2,000,000 is made from the General Fund to the Technology Investment Internal Service Fund for future Capital Outlay purchases. Transfer -out of $168,196 is made from the Narcotics Asset Seizure Fund to the Equipment Replacement Internal Service Fund for Capital Outlay. Transfer -out of $81,200 is made from the AB 2766 Fund to the Equipment Replacement Internal Service Fund for Capital Outlay. Transfer -in of $325,000 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. 621,227 339,486 640,270 1,735,570 4,161,448 522,234 460,073 68,756 1,587,846 540,254 370,380 3,350,640 9,656,323 22,668,811 9,679 1,787, 004 $ 48,947,146