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HomeMy WebLinkAboutCC RESO 2017-97RESOLUTION NO. 2017 -- 97 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY APPROVING AND ADOPTING THE ANNUAL APPROPRIATION LIMIT OF $59,313,300 FOR FISCAL YEAR 2018 WHEREAS, Article .III-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 2018 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 2018 shall be as set forth in Attachment "1." BE IT FURTHER RESOLVED that the appropriation limit for Fiscal Year 2018 shall be $59,313,300, as set forth in Attachment "1." ATTEST PASSED and ADOPTED this 0th day of June, 2017 � A Michael R. Dalla, sty Clerk APPROVED AS TO FORM: ,if Atie.prAedierm,L___, r I 9l P f orris- • - S C I y Attorney n Morrison, Mayor Passed and adopted by the Council of the City of National City, California, on June 2017 by the following vote, to -wit: Ayes: Councilmembers Cana, Mendivil, Morrison, Rios, Sotelo-Solis. Nays: None. Absent: None. Abstain: None. AUTHENTICATED BY: RON MORRISON Mayor of the City of National City, California L C erk + City the of ity o ational City, California By: Deputy I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of RESOLUTION NO. 2017-97 of the City of National City, California, passed and adopted by the Council of said City on June 6, 2017. City Clerk of the City of National City, California By: Deputy Resolution No. June 6, 2017 City of National City Gann Appropriations Limit Fiscal Year 2018 Attachment 1 A. Fiscal Year 2018 Gann Appropriations Limit $ 56,681,061 California Per Capita Cost of Living Change converted to a ratio *** 1.0369 Limit Sub -Total 58,772, 592 San Diego County Population Change converted to a ratio *** 1.0092 Fiscal Year 2018 Gann Appropriations Limit $ 59,313,300 Gann Limit Recap Total City► Appropriations $ 83,527,743 Less: Non -Tax Proceeds 35,816,248 Estimated Appropriations Subject to the Gann Limit $ 47,711,495 FY 2018 Gann Appropriations Limit 59,313,300 Amount of Appropriations Below the Gann Limit $ 11,601,805 ** Source - State of California, Department of Finance http:Ilwww.dof.ca.novlbudeeting/ 5/23/2017 1 of 1 Gann Limit