Resolution No. 479524
RESOLUTION NO. 4795
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS,
ESTABLISHING THE CITY'S APPROPRIATIONS LIMIT FOR THE 1997 -98
FISCAL YEAR.
WHEREAS, Article X111B of the State Constitution establishes
and defines annual appropriation limits of local government; and
WHEREAS, appropriations subject to such limits may not exceed
such limits; and
WHEREAS, Chapter 1205 of the Government Code requires that
each year the governing body shall, by resolution, establish its
appropriations limits.
NOW, THEREFORE BE IT RESOLVED that the City Council of the
City of Cypress, hereby establishes the FY 1997 -98 appropriations
limit as follows:
1997 -98 Appropriation Limit $31,012,644
1997 -98 Population Option Used Cypress Growth (1.10 %)
1997 -98 Inflation Option Used California Per Capita Income
(4.67 %)
PASSED AND ADOPTED by the City Council of the City of Cypress,
at a regular meeting held on the 12th day of May
1997.
CITY C ERK OF THE CITY OF CYPRESS
STATE OF CALIFORNIA
COUNTY OF ORANGE
SS
MAYOR OF THE CITY OF CYPRESS
I, LILLIAN M. HAINA, City Clerk of the City of Cypress, DO
HEREBY CERTIFY that the foregoing Resolution was duly adopted by
said City Council at a regular meeting held on the 12th day of
May , 1997, by the following roll call vote:
AYES:
NOES:
ABSENT:
5
0
0
COUNCIL MEMBERS:
COUNCIL MEMBERS:
Bowman, Jones, Keenan,
Piercy and Carroll
None
COUNCIL MEMBERS: None
CITY CLERK OF THE CITY OF CYPRESS