Resolution No. 4645RESOLUTION NO. 4645
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS,
REVISING THE CITY'S APPROPRIATIONS LIMIT FOR THE 1996 -97 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, and
WHEREAS, The State of California (Department of Finance)
revised the Price Factor after the adoption of Resolution 4629,
NOW, THEREFORE BE IT RESOLVED that the City Council of the
City of Cypress, hereby establishes the FY 1996 -97 amended
appropriations limit as follows:
1996 -97 Appropriation Limit $29,306,599
1996 -97 Population Option Used Orange County Growth (1.05 %)
1996 -97 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 10th day of June
1996.
ATTEST
0('-\
LERK OF THE CITY OF
CYPRESS
ESS
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 10th day of
June , 1996, by the following roll call vote:
AYES:
NOES:
ABSENT:
5
0
0
COUNCIL MEMBERS: Age, Carroll, Jones, Kerry
and Bowman
COUNCIL MEMBERS: None
COUNCIL MEMBERS: None
CIT CLERK OF THE CITY OF CYPRESS
1