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HomeMy WebLinkAboutCC RESO 2018-116RESOLUTION NO. 2018— 116 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY APPROVING AND ADOPTING THE ANNUAL APPROPRIATIONS LIMIT FOR FISCAL YEAR 2019 IN THE AMOUNT OF $62,074,254 WHEREAS, Article CIII-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 Fiscal Year 2019 shall be set forth in Attachment "1" BE IT FURTHER RESOLVED that the cost of living factors to be used in the calculating the appropriations limit for Fiscal Year 2019 shall be as set forth in Attachment "1" BE IT FURTHER RESOLVED that the appropriations limit for fiscal year; 2019 shall be in the amount of $62,074,254, as set forth in Attachment "1". PASSED AND ADOPTED this 19th day of J ►1 . Morrison, Mayor ATTEST: .,421144/ Michael R. Dana, C ty Clerk APPROVED AS TO FORM: City Vic" 'ey Passed and adopted by the Council of •the City of National City, California, on June 19, 2018 by the following votel to -wit: Ayes:.. Councilmembers Cano, endivil, Morrison, Rios, •Sotelo-Solls. Nays: None. Absent: None. Abstain: None. AUTHE T CATED BY: RON MORRISON Mayor of the City of National city, California By: City erk of the City of Natrona! City, California .DI. uty I HER1E..ZY. CERTIFY that the aboye foregoing is a RESOLUTION NO. 2018-116 of the City of National Ofty, California, passed and adopted by the Council of said City on June 19, 2018" By; Ulf, true and correct copy of City Clerk of the City of National City California Deputy: Resolution 1 . 2018 - 116 Attachment 1' June 191 2017 City of National City Annual Appropriations Limit Fiscal Year 2019 A. Fiscal Year 2018 Appropriations Limit $ 59,313,300 California Per Capita Cost of Living Change converted to a ratio *** 1.0367 Limit Sub -Total 6L490,098 San Diego County Population Change converted to a ratio *** 1.0096 Fiscal Year 201Appropriations Limit $ 62,074,264 Gann Limit Recap Total City Appropriations Less: Non -Tax Proceeds Estimated Appropriations Subject to the Limit Fiscal Year 2019 Appropriations Limit Amount of Appropriations Below the Limit Source - State of California, Department of Finance http://www.dof. ca.govbudgeting/ $ 86 513 253 38a5 5t511 $ 4,007, 42 62, 04, 24 $ 14t066512 6/1912018 1 of 1 Appropns Limit