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HomeMy WebLinkAboutCC Reso No 2004-61RESOLUTION NO. 2004- 61 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, ESTABLISHING THE APPROPRIATIONS LIMIT FOR FISCAL YEAR 2004-OS FOR THE CITY OF LAKE ELSINORE IN ACCORDANCE WITH THE PROVISIONS OF DIVISION 9 OF TITLE 1 OF THE CALIFORNIA GOVERNMENT CODE. WHEREAS Article XIII B of the Constitution of the State of California as proposed by the Initiative Measure approved by the people at the special statewide election held on November 6, 1979 and amended in June, 1990 by the people of the State of California (Proposition 111), provides that the total annual appropriations subject to limitations of each local government shall not exceed the approgriations limit of such entity for the prior year adjusted far changes in the cost of living and population except as otherwise specifically provided for in said Article; and WHEREAS Section 7910 of the Government Code provides that each year the governing body of each local jurisdiction shall, by resolution, establish its appropriations limit for the following fiscal year pursuant to Article XIII B at a regularly scheduled meeting or a noticed special meeting and that fifteen days prior to such meeting, documentation used in the determination of the appropriations limit shall be available to the public; and WHEREAS Proposition 111 as approved by the voters of the State of California, requires a recorded vote of the City council regarding which of the annual adjustment factors have been selected each yeaz; and WHEREAS at the time of adoption of this resolution, data necessary to calculate the increase in the non-residential assessed valuarion was not available from the County Assessor's office; and WHEREAS Section 7902(a) of the Government Code sets forth the method of determining the appropriations limit for each local jurisdiction for the 2004-OS fiscal year; and WHEREAS the City Council of the City of Lake Elsinore wishes to establish the appropriations limit for fiscal yeaz 2004-OS for the City of Lake Elsinore. NOW, THEREFORE, BE TI' RESOLVED by the City Council of the City of Lake Elsinore, California, as follows: Section 1: That it is hereby found and determined that the documentation used in the determiiiation of the appropriations limit for the City of Lake Elsinore for fiscal yeaz 2004-OS was available to the public in the Finance Department of said City at least fifteen days prior to this date. Section 2: That the growth in Califomia Per Capita Income and City Population were selected for the 2004-OS fiscal.yeaz. Section 3: That there may be a need to amend the inflarion factor selected and adjust the appropriations limit once the non-residential assessed valuation data becomes available from the county Assessor's Office. Section 4: That the appropriations limit for the City of Lake Elsinore as established in accordance with Section 7902(a) of the California Government Code is $36,960,082. ADOPTED by the City Council and signed by the Mayor and attested by the City Clerk this 28th day of September, 2004. UPON THE FOLLOWING VOTE: AYES: COUNCILMEMBERS: NOES: COUNCILMEMBERS: ABSENT: COUNCILMEMBERS: ABSTAIN: COUNCILMEMBERS: ATTEST: HICKMAN, MAGEE, SCHIFFNER, KELLEY NONE BUCKLEY NONE THOMAS ~U~CKj~Y, MAYOR CITY OF LA ~ELSINORE ~~'~ ~ ~=P~~`1 c~'~ Cl~~ CKI KA , CMC, CTTY CLERK/ HUMAN RESOURCES DIRECTOR CTTY OF LAKE ELSINORE APPROVED AS TO FORM: ~~%!/U~//(~ BARBARA Z D LEIBOLD, CITY ATTORNEY CITY OF LAKE ELSINORE STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) SS: CITY OF LAKE ELSINORE ) I, VICHI KASAD, CITY CLERK OF THE CITY OF LAKE ELSINORE, CALIFORNIA, DO I~EEREBY CERTIFY that the foregoing Resolution duly adopted by the City Council of the City of Lake Elsinore at a Regular Meeting of said Council on the 28`n of September, 2004, and that it was so adopted by the following vote: AYES: COUNCILMEMBERS: HICKMAN, MAGEE, SCHIFFNER, KELLEY NOES: COUNCILMEMBERS: NONE ABSENT: COUNCILMEMBERS: BUCKLEY ABSTAIN: COUNCILMEMBERS: NONE VICHI KASAD, CMC, CITY CLERK/ HUMAN RESOURCES DIRECTOR CITY OF LAKE ELSINORE (SEAL) STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) SS: CITY OF LAKE ELSINORE) I, VICHI KASAD, CTTY CLERK OF THE CITY OF LAKE ELSINORE, DO HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of Resolution No. 2004-61 of said Council, and that the same has not been amended or repealed. DATE: October 15, 2004 VICHI KASAD, CMC, CITY CLERK/ HUMAN RESOURCES DIRECTOR CITY OF LAKE ELSINORE (SEAL)