HomeMy WebLinkAboutCC RESO 13,835RESOLUTION NO. 13,835
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
NATIONAL CITY ESTABLISHING THE ANNUAL APPROPRIATIONS
LIMIT FOR THE FISCAL YEAR 1982-83
WHEREAS, the voters of -California on November 6, 1979 added
Article XIII-B to the State Constitution placing various limitations on the
appropriations of the State and local governments; and
WHEREAS, Article XIII-B provides that the appropriations limit
for the fiscal year 1982-83 is calculated by adjusting the appropriations
for the prior fiscal year for changes in the cost of living and population;
and
WHEREAS, the information necessary for making these adjustments
is attached in Exhibits A and B; and
WHEREAS, the City of National City has complied with all the
provisions of Article XIII-B in determining the appropriations limit
for fiscal year 1982-83.
NOW, THEREFORE, BE IT RESOLVED that the appropriations limit
for fiscal year 1982-83 shall be $12,493.153.
PASSED AND ADOPTED this 22nd day of June, 1982.
Al LEST:
E'. chibit A
CITY OF NATIONAL CITY
APPROPRIATIONS LIMIT
FISCAL YEAR 1982-1983
Appropriations limit -
Fici year 1981-82 $ 11,510,183
Annual growth rata ( See Exhibit B ) 1.0854
Appropriations limit -
Fist-T year 1982-1983 $ 12,493,153
Exhibit B
CITY OF NATIONAL CITY
ANNUAL APPROPRIATION GROWTH RATE
FISCAL YEAR 1982-1983
A. Price change factor 1,0679
B. Population change factor 1.0154
C. Annual growth rate to be used
in calculating appropriations
limit for fiscal year 1982-1983
( 1.0679 x 1.0164 )
1.0854