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HomeMy WebLinkAbout2000 095 CC RESO2000 095 CC RESO(Ìì½ØRESOLUTION NO. 2000-95 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BALDWIN PARK, CALIFORNIA SETTING THE ANNUAL APPROPRIATIONS LIMIT FOR THE FISCAL YEAR 2000- 2001 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 1999-2000 has been determined to be $40,114,591 and was prepared using the change in California's Per Capital personal income factor of 4.91 and the population percentage factor of 1.58 as provided by the State Department of Finance pursuant to Sections 2227 and 2228 of the Revenue and Taxation code calculated as of January 2000. Determination of Appropriation Limit, Fiscal Year 2000-2001 attached and marked as Exhibit A". Section 2. That the City Clerk shall certify to the adoption of this Resolution and the same shall be in full force immediately upon its adoption. Approved and Adopted by the City Council of the City of Baldwin Park this 18th day of October, 2000. MaA^J^ozatto, May6 BIB] 37945-U01 2000-U02 095-U02 CC-U02 RESO-U02 LI3-U03 FO1126-U03 FO2358-U03 DO31518-U03 C6-U03 RESO-U03 11/20/2003-U04 ROBIN-U04 2000 095 CC RESO(Ìì½ØResolution No. 2000-95 Page 2 ATTEST: STATE OF CALIFORNIA COUNTY OF LOS ANGELES ss. CITY OF BALDWIN PARK I, ROSEMARY M. RAMIREZ, Deputy 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 October 18, 2000 by the following vote: AYES: COUNCILMEMBERS: COUNCILMEMBERS: COUNQLMEMBERS: OUNCILMEMBERS: RosensKaryM. Ramirez Deputy City^ierj? Linda Gair, Marten Garcia, William Bill" Van Cleave, Mayor Pro Tern Ricardo Pacheco and Mayor Manuel Lozano None None None BIB] 37945-U01 2000-U02 095-U02 CC-U02 RESO-U02 LI3-U03 FO1126-U03 FO2358-U03 DO31518-U03 C6-U03 RESO-U03 11/20/2003-U04 ROBIN-U04 2000 095 CC RESO(Ìì½ØResolution No. 2000-95 Page 3 EXHIBIT A" DETERMINATION OF APPROPRIATION LIMIT FISCAL YEAR 2000-2001 Adjustment Factors: Per Capita Change: 4.91 % Ratio 1.0491 Population Change: 1.70% Ratio 1.0170 CALCULATION FACTOR FOR FISCAL YEAR 2000-2001 1.0669 Annual Appropriations Limit: 40,114,591 APPROPRIATION SUBJECT TO LIMITATION FOR FISCAL YEAR 1999-2000 Proceeds of Taxes $11,916,570 Exclusions Appropriations Subject to Limitation $11,916,570 Current Year Limit: 40,114,591 Over/(Under) Limit 25,681,411) TOTAL GENERAL FUND REVENUE 13.473,930 TOTAL GENERAL FUND APPROPRIATIONS 13,674,098 PERCENT OF TOTAL APPROPRIATIONS LIMIT 34% BIB] 37945-U01 2000-U02 095-U02 CC-U02 RESO-U02 LI3-U03 FO1126-U03 FO2358-U03 DO31518-U03 C6-U03 RESO-U03 11/20/2003-U04 ROBIN-U04