HomeMy WebLinkAbout1994 064 CC RESO1994 064 CC RESO (Ìì ¸ Þ RESOLUTION NO.94- 64
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BALDWIN
PARK, CALIFORNIA, SETTING THE ANNUAL APPROPRIATIONS LIMIT
FOR THE FISCAL YEAR 1994-1995.
WHEREAS, Article XIIIB of the California Constitution requires the Legislative Body
to establish an Appropriations Limit annually beginning with the fiscal year ending June
30,1981; and
WHEREAS, the City Council is required by Section 7910 of the Government Code,
to establish its Appropriations Limit by Resolution; and
WHEREAS, the Appropriations Limit documentation has been available for public
inspection for the required fifteen days, in accordance with Section 7910 of the
Government Code, prior to the approval of the limit by the Legislative Body.
NOW, THEREFORE, the City Council of the City of Baldwin Park does hereby
resolve as follows:
SECTION 1. The Appropriations Limit for the fiscal year 1994-1995 has been
determined to be $29,053,432, and was prepared using the change in California's Per
Capita personal income price factor and the population percentage factor, provided by the
State Department of Finance, pursuant to Sections 2227 and 2228 of the Revenue and
Taxation Codes, calculated as of January 1,1994.
SECTION 2. That the City Clerk shall certify to the adoption of this Resolution and
the same shall be in full force and effect immediately upon its adoption.
APPROVED AND ADOPTED by the City Council of the City of Baldwin Park this
15th day of June, 1994.
FIDEL A VARGAS
ATTEST
CITY CLERK
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES) ss:
CITY OF BALDWIN PARK
I, LINDA L. GAIR, City Clerk of the City of Baldwin Park, do hereby certify that the
foregoing resolution was duly and regularly approved and adopted by the City Council of
the City of Baldwin Park at its regular meeting of the City Council on June 15,1994, by
the following vote:
AYES: COUNCILMEMBER MARTINEZ, LOWES, GALLEGOS, MAYOR VARGAS
NOES: COUNCILMEMBER NONE
ABSENT: COUNCILMEMBER NONE
ABSTAIN: COUNCILMEMBER NONE
LINDA L. GAIR, CITY CLERK
BIB]
37650-U01
1994-U02
064-U02
CC-U02
RESO-U02
LI3-U03
FO1126-U03
FO1461-U03
DO1547-U03
C6-U03
RESO-U03
10/10/2001-U04
ADMIN-U04
RESO-U05
94-64-U05
JUN-U05
15-U05
1994-U05
1994 064 CC RESO (Ìì ¸ Þ DETERMINATION OF APPROPRIATION LIMIT FISCAL YEAR 1994-95
APPROPRIATIONS LIMIT FOR FY 93-94: $ 28,525,706
ADJUSTMENT FACTORS:
Per capita change: 0.71 Ratio: 1.0071
Population change: 1.13 Ratio: 1.0113
CALCULATION FACTOR FOR FY 93-94: 1.0185
ANNUAL APPROPRIATIONS LIMIT: $ 29,053,432
APPROPRIATIONS SUBJECT TO LIMITATION FOR FY 94-95:
Proceeds of taxes: $ 8,566,046
Exclusions: 0
Appropriations subject to limitation: 8,566,046
Current year limit: 29,053,432
Overl(Under) limit: 20,487,386)
TOTAL GENERAL FUND REVENUE: $ 10,260,865
TOTAL GENERAL FUND APPROPRIATIONS: $ 12,076,793
PERCENT OF TOTAL APPROPRIATIONS LIMIT: 42%
BIB]
37650-U01
1994-U02
064-U02
CC-U02
RESO-U02
LI3-U03
FO1126-U03
FO1461-U03
DO1547-U03
C6-U03
RESO-U03
10/10/2001-U04
ADMIN-U04
RESO-U05
94-64-U05
JUN-U05
15-U05
1994-U05