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HomeMy WebLinkAbout2014 029 CC RESO RESOLUTION NO. 2014-029 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BALDWIN PARK, CALIFORNIA, SETTING THE ANNUAL APPROPRIATION LIMIT FOR THE FISCAL YEAR 2014- 2015 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 2014-2015 has been determined to be $65,690,878 and was prepared using the change in the Per Capita Personal Income change of -0.23% and the City population increase of 0.46%. as provided by the State Department of Finance, pursuant to Sections 2227 and 2228 of the Revenue and Taxation Codes, calculation as of January 1, 2014. 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 6th day of August, 2014. 111_ M � LOZANO MAW Resolution No.2014-029 Page 2 ATTEST: STATE OF CALIFORNIA COUNTY OF LOS ANGELES ss. 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 6th day of August, 2014 by the following vote: Cruz Baca, Monica Garcia, Mayor Manuel Lozano AYES: COUNCILMEMBERS: Mayor Pro Tem Ricardo Pacheco, Susan Rubio NOES: COUNCILMEMBERS: ABSENT: COUNCILMEMBERS: ABSTAIN: COUNCILMEMBERS: J kill , ALEJANDRA AVILA CITY CLERK