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HomeMy WebLinkAboutCC RESO 99- 89RESOLUTION NO. 99-89 RESOLUTION OF 1HE CITY COUNCIL OF '1HE CITY OF NATIONAL CITY ESTABLISHING THE ANNUAL APPROPRIATIONS LIMIT FOR FISCAL YEAR 1999-2000 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 1999-2000 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 1999-2000 shall be as set forth in Attachment 1. BE 1T FURTHER RESOLVED that the population change factor to be used in calculating the appropriations limit for fiscal year 1999-2000 shall be as set forth in Attachment 1. BE 1T FURTHER RESOLVED that the appropriations limit for fiscal year 1999- 2000 shall be $26,315,065 as set forth in Attachment 1. PASSED and ADOPTED this 13th day of July, 1999. George H. Waters, Mayor ATTEST: N -,e.zh Mich el R. Dalla, ty Clerk APPROVED AS TO FORM: George H. Eiser, III City Attorney Attachment 1 City of National City Gann Appropriations Limit 1999-2000 Schedule A Appropriations Limit-1998-1999, as restated (*) $24,639,966 CA Per Capita Income Increase (A) 4.53% Limit Sub -Total $25,756,156 SD County Population Increase (A) 2.17% Appropriations Limit-1999-2000 $26,315,065 (A) Source — State of California, Department of Finance (*) Appropriations Limit —1998-1999 restated as a result of computational adjustments made on prior years Gann Limits.