Resolution No. 6565313
RESOLUTION NO. 6565
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS
APPROVING THE ANNUAL BUDGET FOR THE FISCAL YEAR
COMMENCING JULY 1, 2016 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, 2016,
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, 2016
and ending June 30, 2017, 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 13th day of June, 2016.
MAYIR OF THE CITY iF CYPRESS
ATTEST:
CITY CLERK OF THE CITY OF CYPRESS
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS
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, 2016, by the following roll call vote:
AYES: 5 COUNCIL MEMBERS: Berry, Johnson, Peat, Morales and Yarc
NOES: 0 COUNCIL MEMBERS: None
ABSENT: 0 COUNCIL MEMBERS: None
CITY CLERK OF THE CITY OF CYPRESS
314
Attachment A
CITY OF CYPRESS
SUMMARY OF RESOURCES AND APPROPRIATIONS BY FUND
Fiscal Year 2016 -17
REVENUES /SOURCES EXPENDITURES /USES
BEG. FUND PROPOSED FUND OPERATING CAPITAL DEBT FUND END. FUND
FUND BALANCE REVENUE TRSFR -IN BUDGET BUDGET BUDGET TRSFR -OUT OTHER* BALANCE
111 General Fund $ 256,401 $ 31,159,291 $ 901,650 $ 27,543,635 $ $ $ 6,320,030 $ 1,862,280 $ 315,957
112 Mello Roos 149,214 26,427 26,427 149,214
114 General Fund Grants 171,900 4,200 176,100 -
221 Traffic Safety 95,000 - 95,000 -
231 Spec Gas Tax 2105 275,000 - 275,000 -
232 Special Gas Tax 2106 1,515,234 155,000 800,000 1,070,000 - 1,400,234
233 Special Gas Tax 2107 360,000 - 360,000 - -
234 Traffic Mitigation Assmt 792,210 6,000 445,000 - 353,210
235 Regional Traffic Fee 344,402 500 - - 344,902
236 Measure M Gas Tax 717,858 885,000 1,160,000 - 442,858
238 Special Gas Tax 2103 1,705,068 125,500 - 51,000 - 1,779,568
251 Lighting Dist No 2 4,275,578 1,071,650 - 864,878 127,500 4,354,850
261 Storm Drain Fund 599,707 338,000 250,000 609,562 - - 578,145
262 Plan Local Drain Fac 365,804 7,000 - - 372,804
271 Corp Ctr Maint Dist #1 83,947 79,250 47,621 7,150 108,426
281 NarcAssetSeizure 2,038,948 427,000 94,360 198,786 2,172,802
291 Cable TV PEG 547,281 47,000 - 594,281
301 Supp Law Enforcement 102,792 102,792 - - - -
311 AB 2766 453,592 61,700 - 515,292
321 Sewer Fund 4,342,142 1,769,810 - 375,526 1,300,000 58,000 - 4,378,426
415 Capital Projects 11,156,077 714,000 5,426,000 6,231,367 - - 11,064,710
416 lnfrastructure Reserve 25,634,279 - 4,132,500 3,015,000 4,440,000 31,191,779
471 Low and Mod Hsg Asset 3,446 7,000 60,000 62,821 - - 7,625
510 Debt Svc-Refin Civ Ctr 1,805,686 23,200 469,000 479,738 1,818,148
TOTAL $ 56,786,874 $ 37,908,020 $ 12,043,350 $ 29,903,722 $ 9,046,367 $ 537,738 $ 11,609,466 $ 6,302,280 $ 61,943,231
Denotes decrease (increase) of assigned /nonspendable fund balances anticipated during the fiscal year
Note: Fund Transfers In and Fund Transfers Out do not equal in the above schedule due to the following:
Transfer -in of $37,000 is made from the Technology Investment Fund to the General Fund for reimbursement of items in the City's Technology Master Plan.
Transfer -out of $5,830 is made from the General Fund to the Equipment Replacement Internal Service Fund for Capital Outlay.
Transfer -out of $198,786 is made from the Narcotics Asset Seizure Fund to the Equipment Replacement Internal Service Fund for Capital Outlay.
Transfer -in of $132,500 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.
Transfer -in of $469,000 is made from the Successor Agency to the Redevelopment Agency to the Debt Service -Civic Center Refinancing Fund per debt agreement,