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HomeMy WebLinkAbout2017 200 CC RESO RESOLUTION NO. 2017-200 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BALDWIN PARK, CALIFORNIA, SETTING THE APPROPRIATIONS LIMIT FOR THE FISCAL YEAR 2017-18 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; 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 HEREBY RESOLVES AS FOLLOWS: Section 1. The Appropriations Limit for the Fiscal Year 2017-18 has been determined to be $75,229,058 and was prepared using the change in the Per Capita Personal Income change of 3.69% and the City population change of 0.41% as provided by the State Department of Finance, pursuant to Sections 2227 and 2228 of the Revenue and Taxation Codes, calculations as of January 2017. 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 2 ' day of August 2' • /ifirirrrIEL LOZA e MAYOR 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 2017-200 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 2, 2017, by the following vote: AYES: COUNCILMEMBERS: Baca, Garcia, Lozano, Pacheco, Rubio NOES: COUNCILMEMBERS: None • •ABSE T: COUNCILMEMBERS: None ABSTA ' • N ' EMBERS: None / AL J `'D CITY CLE'K •