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HomeMy WebLinkAbout1999 052 CC RESO1999 052 CC RESO¹òw @˜ŽÏRESO 99-52 JUL 7 1999[H$>8 RESOLUTION NO, 99-52 A RESOLUTION OF THE CUY COUNCIL OF THE CUY OF BALDWIN PARK, CALIFORNIA SETTING THE ANNUAL APPROPRIATION LIMIT FOR THE FISCAL YEAR 1999-2000. whereas, Article XIIB of the California Constitution requires the Legislative Body to establish an Appropriation, 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 1999-2000 has been determined Exhibit A" attached) to be $37,597,981 and was prepared using the change in California's Consumer Price Index of 1.90 and the population percentage factor of 1.60 as provided by the State Department of Finance pursuant to Sections 2227 and 2228 of the Revenue and Taxation code calculated as of January 1, 1999. Section 2. That the City Clerk shall certify to the adoption of this Resolution and the same shall be in till force immediately upon its adoption. Approved and Adopted by the City Council of the City of Baldwin Park this 7th day of July 1999. ATTEST: STATE OF CALIFORNIA COUNTY OF LOS ANGELES) ss. CITY OF BALDWIN PARK I, KATHRYN V. TIZCARENO, City Clerk of the City of Baldwin Park, do hereby certify that the foregoing resolution was duly and regularly approved and adopted by the City Council of the City of Baldwin park at Its regular meeting of the City Council on July 7, 1999, by the following vote: AYES COUNCILMEMBERS PACHECO, GAIR, MAYOR PRO-TEM VAN CLEAVE, AND MAYOR LOZANO NOES NONE ABSENT NONE ABSTAIN NONE BIB] 37175-U01 RESO-U02 99-52-U02 JUL-U02 7-U02 1999-U02 LG1-U03 LI3-U03 FO1126-U03 FO1996-U03 FO2302-U03 DO2305-U03 C6-U03 RESO-U03 10/10/2001-U04 ADMIN-U04 RESO-U05 99-52-U05 JUL-U05 7-U05 1999-U05 BIB] 37426-U01 1999-U02 052-U02 CC-U02 RESO-U02 LG1-U03 LI3-U03 FO1126-U03 FO1996-U03 DO2305-U03 C6-U03 RESO-U03 10/10/2001-U04 ADMIN-U04 RESO-U05 99-52-U05 JUL-U05 7-U05 1999-U05 1999 052 CC RESO¹òw @˜ŽÏRESO 99-52 JUL 7 1999[H$>8Resolution No.99-52 Exhibit A" DETERMINATION OF APPROPRIATION LIMIT' FISCAL YEAR 1999-2000 Appropriations Limit for Fiscal Year 1998-1999 $36,488,724 Adjustment Factors: a) Per Capita Change: 4.10 13) Consumer Price Index: * 1.90 c) Population Change: 1.60 *lessor of per capita personal income and consumer price index Calculation Factor for Fiscal Year 1999-2000 b) * c)]+1 1.0304 Annual Appropriations Limit: $37,597,981 Appropriations subject to limitation for fiscal year 1999-2000 Proceeds of Taxes $12,420,903 Exclusions $ 0 Appropriations Subject to Limitation $12,420,903 Current Year Limit: $37,597,981 Over&/Under) Limit: $(25, 177,078) Total General Fund Revenue $14,453,703 Total General Fund Appropriations $14,409,576 Percent of Total Appropriations Limit 38.3% BIB] 37175-U01 RESO-U02 99-52-U02 JUL-U02 7-U02 1999-U02 LG1-U03 LI3-U03 FO1126-U03 FO1996-U03 FO2302-U03 DO2305-U03 C6-U03 RESO-U03 10/10/2001-U04 ADMIN-U04 RESO-U05 99-52-U05 JUL-U05 7-U05 1999-U05 BIB] 37426-U01 1999-U02 052-U02 CC-U02 RESO-U02 LG1-U03 LI3-U03 FO1126-U03 FO1996-U03 DO2305-U03 C6-U03 RESO-U03 10/10/2001-U04 ADMIN-U04 RESO-U05 99-52-U05 JUL-U05 7-U05 1999-U05