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HomeMy WebLinkAbout2018 284 CC RESO RESOLUTION NO. 2018-284 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BALDWIN PARK, SETTING THE APPROPRIATIONS LIMIT FOR THE FISCAL YEAER 2018-19 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, 1987; 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 AND ORDER AS FOLLOWS: SECTION 1. The Appropriations Limit for the Fiscal Year 2018-19 has been determined to be $78,238,220 and was prepared using the change in the Per Capita Personal Income change of 3.6% and the City population change of 0.32% as provided by the State Department of Finance, Pursuant to Sections 2227 and 2228 of the Revenue and Taxation Codes, calculations as of January 2018. SECTION 2. That the City Clerk shall certify to the passage and adoption of this Resolution and the same shall be in full force and effect immediately upon its adoption. PASSED, APPROVED, AND ADOPTED this 15th day of August 2018. g)i2A EL LOZANO 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 No. 2018-284 was duly adopted by the City Council of the City of Baldwin Park at a regular meeting thereof held on August 15, 2018 and that the same was adopted by the following vote to wit: AYES: COUNCIL MEMBERS: Baca, Garcia, Lozano, Pacheco, Rubio NOES: COUNCIL MEMBERS: ABSENT: COUNCIL MEMBERS: ABSTAIN: COUNCI MEMBERS: Amis. AL JAND• A • CITY CLERK