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HomeMy WebLinkAbout2014 012 CC RESO ATTACHMENT B RESOLUTION NO. 2014-012 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BALDWIN PARK, CALIFORNIA, SETTING THE ANNUAL APPROPRIATION LIMIT FOR THE FISCAL YEAR 2013- 2014 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 2013-2014 has been determined to be $65,533,597 and was prepared using the change in the Per Capita Personal Income change of 5.12% and the City population increase of 0.63%. as provided by the State Department of Finance, pursuant to Sections 2227 and 2228 of the Revenue and Taxation Codes, calculation as of January 2013. 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. PASSED, APPROVED AND ADOPTED by the City Council of the City of Baldwin Park this 16th day of April, 2014. • 11►:��- MANA �L•NO MAY Resolution 2014-012 Page 2 ATTEST: STATE OF CALIFORNIA COUNTY OF LOS ANGELES s. CITY OF BALDWIN PARK I, ALEJANDRA AVILA, 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 an adjourned regular meeting of the City Council on the 16th day of April, 2014 by the following vote: AYES: COUNCILMEMBERS: Cruz Baca, Monica Garcia, Mayor Manuel Lozano Mayor Pro Tern Ricardo Pacheco, Susan Rubio NOES: COUNCILMEMBERS: ABSENT: COUNCILMEMBERS: ABSTAIN: : COUNCILME ERS: �i ALEJ NDR AVILA CITY CLERK