HomeMy WebLinkAboutCC Reso No 2003-15RESOLUTION NO. 2003 ~ 15
A RESOLUTION OF THE CITY COUNCIL OF T1iE CITY OF LAKE ELSINORE,
CALIFORNIA, ESTABLISHING THE APPROPRIATIONS LIMIT FOR FISCAL YEAR
2003-04 FOR THE CITY OF LAKE ELSINORE IN ACCORDANCE WITH THE
PROVISIONS OF DIVISION 9 OF TITLE 1 OF THE CALIFOI2NIA GOVERNMENT
CODE
WHEREAS Article XIIIB of the Constitution of the State of California as proposed by
the InitiaUve 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 appropriations limit of such entity for the prior yeaz
adjusted for changes in the cost of living and population except as otherwise specifically
provided forin said Article; and
WHEREAS Section 7410 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 XIIIB at a regulazly 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 I 11 as approved by the voters of the State of California,
requires u recorded vote of the City Council regarding which of the annual adjustment factors
have been se:ected each year; and
WHEREAS at the time of adoption of this resolution, data necessary to calculate the
increase in the non-residentia] assessment valuation was not available from the Counry
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 2003-04 fiscal yeaz; and
WHEREAS the City Council of the City of Lake Elsinore wishes to establish the
appropriations limit for Fiscal Yeaz 2003-04 far the City of Lake Elsinore.
NOW, THEREFORE, BE IT RESOLVED BY THE City Council of the City of Lake
Elsinore, California, as follows:
Section 1: That it hereby found and determined that the documentation used in the
determination of the appropriations limit for the City of Lake Elsinore for Fiscal Year 2003-04
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 I California Per Capita Income and City Population were
selected for the 2003-04 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 Califomia Government Code is
$33,725.779.
PASSED, APPROVED AND ADOPTED this 10"' day of June 2003, by the
following vote:
AYES:
NOES:
COUNCILMEMBERS :
COUNCILMEMBERS
BUCKLEY, HICKMAN, KELLEY, SCHIFFNER,
BRINLEY
NONE
ABSENT:
ABSTAIN
COUNCILMEMBERS
COUNCILMEMBERS:
A~ _F,S'I':
<
V?~^ 'i KASAD, CITY CLERK
APf T:C~ ~,''~.B AS TO FORM: i ~.
NONE
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) SS:
CITY OF LAKE ELSINORE )
I, VICHI KASAD, CITY CLERK OF THE CITY OF LAKE ELSINORE,
CALIFORNIA, DO HEREBY 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
10`h day of June, 2003, and that it was so adopted by the following vote:
AYES: COUNCILMEMBERS:
BUCKLEY, HICKMAN, KELLEY,
SCHIFFNER, BRINLEY
NOES: COUNCILMEMBERS:
ABSENT: COUNCILMEMBERS:
AIN: COUNCILMEMBERS:
CITY CLERK/
HUPvIAI+i RESOURCES DIRECTOR
CITY OF LAKE ELSINORE
(SEAL)
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) SS:
CITY OF LAKE ELSINORE)
NONE
NONE
NONE
I, VICHI KASAD, CITY 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. 2003-15 of said Council, and that the same has not been amended or
repealed.
D . June12,2003
<
~
CHI ~ASAD, CMC, CITY CLERK/
~IUMAN RESOURCES DIRECTOR
~ITY OF LAKE ELSINORE
(SEl~L)