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HomeMy WebLinkAboutCC RESO 2016-78RESOLUTION NO. 2016 — 78 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY APPROVING AND ADOPTING THE ANNUAL APPROPRIATION LIMIT OF $56,681,061 FOR FISCAL YEAR 2017 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. NOW, THEREFORE, BE IT RESOLVED that the population change factors to be used in the calculating the appropriations limit for the Fiscal Year 2017 shall be set forth in Attachment "1." BE IT FURTHER RESOLVED that the cost of living factors to be used in the calculating the appropriation limit for Fiscal Year 2017 shall be as set forth in Attachment "1." BE IT FURTHER RESOLVED that the appropriation limit for Fiscal Year 2017 shall be $56,681,061, as set forth in Attachment "1." PASSED and ADOPTED this 7t" day of June, 2016. on Morrison, Mayor ATTEST: A Michael R. Dalla, City Clerk 'PR• Es AST• FORM: ViletIttlk audia Gaci ua City Atto ley Resolution No. 2016- Attachment 1 June 7, 2016 City of National City Gann Appropriations Limit Fiscal Year 2017 A. Fiscal Year 2016 Gann Appropriations Limit $ 53,376,075 California Per Capita Cost of Living Change converted to a ratio *** 1.0537 Limit Sub -Total 56,242,370 San Diego County Population Change converted to a ratio *** 1.0078 Fiscal Year 2017 Gann Appropriations Limit $ 56,681,061 Gann Limit Recap Total City Appropriations $ 78,832,754 Less: Non -Tax Proceeds 31,684,979 Estimated Appropriations Subject to the Gann Limit $ 47,147,775 FY 2017 Gann Appropriations Limit 56,681,061 Amount of Appropriations Below the Gann Limit $ 9,533,286 *** Source - State of California, Department of Finance http://www.dof.ca.gov/budgeting/ 5/31/2016 Gann Limit Passed and adopted by the Council of the City of National City, California, on June 7, 2016 by the following vote, to -wit: Ayes: Councilmembers Cano, Mendivil, Morrison, Rios, Sotelo-Solis. Nays: None. Absent: None. Abstain: None. AUTHENTICATED BY: RON MORRISON Mayor of the City of National City, California Q� City q/J4 k of the Citational City, California By: Deputy I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of RESOLUTION NO. 2016-78 of the City of National City, California, passed and adopted by the Council of said City on June 7, 2016. City Clerk of the City of National City, California By: Deputy