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HomeMy WebLinkAbout2015 085 CC RESO • RESOLUTION NO. 2015-085 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BALDWIN PARK, CALIFORNIA, SETTING THE ANNUAL APPROPRIATION LIMIT FOR THE FISCAL YEAR 2015-2016 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; and NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF BALDWIN PARK HEREBY RESOLVES AS FOLLOWS: • Section 1. The Appropriations Limit for the Fiscal Year 2015-2016 has been determined to be $68,466,252 and was prepared using the change in the Per Capita Personal Income change of 3.82% and the County's population changed by 0.39%. As provided by the State Department of Finance, pursuant to Sections 2227 and 2228 of the Revenue and Taxation Codes, calculations as of January 1, 2015. 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 this 19st day of August 2015. A= iZAN0 A OR • Resolution No. 2015-085 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 2015-085 was duly and regularly approved and adopted by the City Council of the City of Baldwin Park at a regular meeting of the City Council held on August 19, 2015, by the following vote: AYES: COUNCIL MEMBERS: Baca, Garcia, Lozano, Pacheco, Rubio NOES: COUNCIL MEMBERS: None. ABSENT: COUNCIL MEMBERS: None. ABSTAIN: COUNCIL MEMBERS: None. / \ j Ads ALE A NDRA •VILA, CITY CLERK S