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Resolution No. 4307256 RESOLUTION NO. 4307 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS, ESTABLISHING THE CITY'S APPROPRIATIONS LIMIT FOR THE 1994 -95 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 1994 -95 appropriations limit as follows: 1994 -95 Appropriation Limit $25,930,255 1994 -95 Population Option Used City of Cypress Growth (2.34 %) 1994 -95 Inflation Option Used California Per Capita Income (.71%) PASSED AND ADOPTED by the City Council of the City of Cypress, at a regular meeting held on the 23rd day of May 1994. ATTEST: If CITY ZL RK THE ITY OF CYPRESS STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS MAYOR OF THE CITY OF CYPRESS I, DARRELL ESSEX, 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 23rd day of May , 1994, by the following roll call vote: AYES: 5 NOES: 0 ABSENT: 0 COUNCIL MEMBERS: Age, Bowman, Kerry, Nicholson, and Partin COUNCIL MEMBERS: None COUNCIL MEMBERS: None CITY C'L RK OF THE CI OF CYPRESS CI �'Sl