Loading...
HomeMy WebLinkAboutCC RESO 2001 - 162RESOLUTION NO. 2001 - 162 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY ESTABLISHING THE ANNUAL APPROPRIATIONS LIMIT FOR FISCAL YEAR 2001-2002 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 2000-2001 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 2001-2002 shall be as 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 2001-2002 shall be as set forth in Attachment 1. BE IT FURTHER RESOLVED that the appropriations limit for fiscal year 2000-2001 shall be $28,200,688 as set forth in Attachment 1. PASSED and ADOPTED this 6`h day of November, 2001. ATTEST: Michael R. Dalla City Clerk f.L Lc%� George H. Waters, Mayor APPROVED AS TO FORM: Ad%. 7IC George H. Eiser, III City Attorney City of National City Gann Appropriations Umit 2001-2002 . Schedule A Appropriations limit - 2000-2001 $ 28,200,688 CA Per Capita income Increase (A) 7.82% Limit Sub -Total ($28,200,688 x 1.0782) $ 30,405,982 SD CoUfityPOptilatiOn Increase (A) - 1.96% Apprc ptiations Limit - 2001-2002 ($30,405, x.1.0196) $ 31,001,939 (A) Source - State of:CaGfbrnia, Departinentof.rinance Attachment 1