HomeMy WebLinkAboutCC RESO 2015-50Corrected
RESOLUTION NO. 2015 — 50
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY
RESCINDING RESOLUTION NO. 2014-91, AND APPROVING AND ADOPTING
THE ANNUAL APPROPRIATION LIMIT OF $50,812,544 FOR FISCAL YEAR 2015
WHEREAS, State law regilires the governing hnrdy of each Inr.p!i,rigrii�ti�n to
establish its appropriation limit, also known as the Gann Limit, by resolution each year, which
sets a cap on the amount of local government spending that may be financed from proceeds of
taxes; and
WHEREAS, the annual Gann limit is based on the previous year's appropriation
limit multiplied by the percentage change in the population of the local jurisdiction's county and
the percentage change in California per capita income; and
WHEREAS, based on information provided by the State Department of Finance,
the following percentage changes are used in setting the Fiscal Year 2015 appropriation limit:
California per Capita Personal Income 0.23%
San Diego County Population 1.23%
WHEREAS, in Resolution 2014-91, the Fiscal Year 2015 appropriation limit
formula erroneously used a Change in California per Capita Persona! Income of +0.72%,
resulting in a calculated appropriation limit of $51,442,646, which is now being rescinded by this
Resolution.
NOW THEREFORE BE IT RESOLVED that the City Council of the City of
National City hereby rescinds Resolution No. 2014-91 and adopts of the annual appropriation
limit of $50,812,544 for Fiscal Year 2015.
PASSED and ADOPTED this 21st day of April, 2015.
ATTEST:
Michael R. Dalla, Cit Clerk
�y
Claudia e. •'tua Silva
City Atto
PROVED AS TO FORM:
on Morrison, 1stir
Passed and adopted by the Council of the City of National City, California, on April 21,
2015 by the following vote, to -wit:
Ayes: Counciimembers Cano, ivlendivil, Morrison, Rios, Soteio-Solis.
Nays: None,
Absent: None.
Abstain: None.
AUTHENTICATED BY. RON MORRISON
Mayor of the City of National City, California
id,.d„..,1/e
City lerk of the City ofzJ,tj
a City, California
By:
Deputy
I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of
RESOLUTION NO. 2015-50 of the City of National City, California, passed and adopted
by the Councii of said City on April 21, 2015.
City Clerk of the City of National City, California
By:
Deputy