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HomeMy WebLinkAboutCC RESO 2020-122A g RESOLUTION NO. 2020 —122 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY APPROVING AND ADOPTING THE ANNUAL APPROPRIATIONS (GANN) LIMIT OF $67,397,825 FOR FISCAL YEAR 2021 WHEREAS, Article Xlll-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 calculating the appropriations limit for Fiscal Year 2021 are set forth in Attachment dG 1 f1 . BE IT FURTHER RESOLVED that the cost of living factors to be used in calculating the appropriations limit for Fiscal Year 2021 are set forth in Attachment "1 " BE IT FURTHER RESOLVED that the appropriations limit for Fiscal Year 2021 shall be $67,397,825, as set forth hereto in Attachment "1." PASSED and ADOPTED this 16th day of June, 202 in ATTEST: Mich el R. Dalla, City Clerk APPROVED AS TO FORM: a I I ./Aprir,r Ars c A r ra c i e , ArS , ifia - i 4 • gr_ ro A •rney • l Alejandra Sotelo-Solis Mayor Passed and adopted by the Council of the City of National City, California, on June 16, 2020 by the following vote, to -wit: Ayes: Councilmembers Cano, Morrison, Quintero, Rios, Sotelo-Solis. Nays: None. Absent: None. Abstain: None. AUTHENTICATED BY: ALEJANDRA SOTELO-SOLIS Mayor of the City of National City, California City Clerk of the City of Natfona1 City, California By: Deputy I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of RESOLUTION NO. 2020-122 of the City of National City, California, passed and adopted by the Council of said City on June 16, 2020. City Clerk of the City of National City, California By: Deputy Resolution No. June 16, 2020 City of National City Annual Appropriations Limit Fiscal Year 2021 Attachment 1 A. Fiscal Year 2020 Appropriations Limit $ 64,799,326 California Per Capita Cost of Living Change converted to a ratio ** ' 1.0373 Limit Sub -Total 67,216,341 San Diego County Population Change converted to a ratio 1.0027 Fiscal Year 2021 Appropriations Limit $ 67,397,825 Gann Limit Recap Total City Appropriations $ 93,049,735 Less: Non -Tax Proceeds 40,012,512 Estimated Appropriations Subject to the Limit $ 53,037,22.3 Fiscal Year 2021 Appropriations Limit 67,397,825 Amount of Appropriations Below the Limit $ 14,360,602 *** Source - State of California, Department of Finance http://www.dof.ca.gov/budgeting/ 6/9/202O 1 of 1 Appropns Limit