Resolution No. 4629437
RESOLUTION NO. 4629
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS,
ESTABLISHING 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.
NOW, THEREFORE BE IT RESOLVED that the City Council of the
City of Cypress, hereby establishes the FY 1996 -97 appropriations
limit as follows:
1996 -97 Appropriation Limit $29,457,793
1996 -97 Population Option Used Orange County Growth (1.05 %)
1996 -97 Inflation Option Used California Per Capita Income
(5.21 %)
PASSED AND ADOPTED by the City Council of the City of Cypress,
at a regular meeting held on the 73th day of May
1996.
MAYOR OF THE CITY OF CYPRESS
ATTEST:
CITY CLERK OF THE CITY OF CYPRESS
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS
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 13th day of
May , 1996, by the following roll call vote:
AYES: 5 COUNCIL MEMBERS: Age, Carroll, Jones,
Kerry and Bowman
NOES: 0 COUNCIL MEMBERS: None
ABSENT: 0 COUNCIL MEMBERS: None
CITY CLERK OF THE CITY OF CYPRESS