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HomeMy WebLinkAboutCC RESO 98-75RESOLUTION NO. 98 — 75 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY ESTABLISHING THE ANNUAL APPROPRIATIONS LIMIT FOR FISCAL YEAR 1998-99 WHEREAS, the voters of California on November 6, 1979, added Article XIII-B to the California Constitution placing various limitations on the appropriations of the State and local governments; and WHEREAS, Article XIII-B of the California Constitution provides that appropriations made by State and local governments shall be changed annually by a factor comprised of the change in population and the change in the cost of living; and WHEREAS, the voters of California on June 5, 1990 enacted Proposition 111 updating the calculation of appropriations limit of the State and local governments; and WHEREAS, the calculations for the appropriations limit of the City of National City for fiscal year 1998-99 are shown on Attachment 1 attached hereto and incorporated herein by reference. NOW, THEREFORE, BE IT RESOLVED that the cost of living factor to be used in calculating the appropriations limit for fiscal year 1998-99 shall be set forth in Attachment 1. BE IT FURTHER RESOLVED that the population change factor to be used in calculating the appropriations limit for fiscal year 1998-99 shall be as set forth in Attachment 1. BE IT FURTHER RESOLVED that the appropriations limit for fiscal year 1998-99 shall be $25,659,285 as set forth in Attachment 1. Continued on Page Two Resolution No. 98-75 July 14, 1998 Page Two PASSED and ADOPTED this 141 day of July, 1998. George H. aters Mayor Yor AH EST: Mic ael R. D a Ci ty Clerk APPROVED AS TO FORM: /°,3 gve 31C. George H. Eiser, III City Attorney Appropriations Limit 1997-98 CA . Per Capita Income Increase Limit Sub -Total SD County Population Increase Appropriations Limit 1998-99 Gann Appropriations Limit 1998-99 Schedule A Page 1 24,033.784 4.67% 25,156,162 1.02% 25,659285 Attachment 1