HomeMy WebLinkAboutCC Reso No 2002-27RESOLUTION NO. 2002- 27
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE,
CALIFORNIA, ESTABLISHING THE APPROPRIATIONS
LIMTT FOR FISCAL YEAR 2002-03 FOR THE CITY OF LAKE
ELSINORE IN ACCORDANCE WITH THE PROVISIONS OF DIVISION
9 OF TTTLE 1 OF T`HE CALIFORNLA GOVERNMENT CODE
WHEREAS Article XIIIB 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 7une, 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 year
adjusted for 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 XIIIB 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 1 I 1 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 year; and
WHEREAS at the time of adoption of this resolution, data necessary to calculate the
increase in the non-residential assessment valuation was not auailable 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 2002-03 fiscal year; and
WHEREAS the City Council of the City of Lake Elsinore wishes to establish the
appropriations limit for Fiscal Year 2002-03 for 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 Yeaz 2002-03
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 2002-03 Fiscal Year.
Section 3: That there may be a need to amend the inflation 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 $31,007,711.
PASSED, APPROVED AND ADOPTED this 9~' day of July 2002, by the following
vote:
AYES: COLTNCILIVI~MBERS: BRINLEY, BUCKLEY, HICKMAN, SCHIFFNER
KELLEY
NOES: COiJNCILMEMBERS: NoNE
ABSENT: COLJNCILMEMBERS: NotvE
ABSTAIN: COiTNCILMEMBERS: NoNE
~ `
GEI~iIE LLEY OR
CITY OF LAKE ELSINORE
F/Y 2002-03 APPROPRIATIONS LIMTT
2001-02 Appropriations Limit
$30,245,480
Calculation of Factors for F/Y 2002-03 (Per Enclosure I) 1.0251
2002-03 Appropriation Limit
$31,007,717
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
9th day of July, 2002, and that it was so adopted by the following vote:
AYES: COUNCILMEMBERS:
BRINLEY, BUCKLEY, HICKMAN,
SCHIFFNER,KELLEY
NOES: COUNCILMEMBERS:
ABSENT: COUNCILMEMBERS:
AB TAIN: COUNCILMEMBERS:
~ / -~I
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) SS:
CITY OF LAKE ELSINORE)
VICKI KA AD, CMC, CITY CLERK/
FTUMAN RESOURCES DIRECTOR
CITY OF LAKE ELSINORE
(SEAL~
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. 2002-27 of said Council, and that the same has not been amended or
repealed.
DA E: July 16, 2 02
~
VIr'~I~.A AD, CMC, CITY CLERK/
IIiJ1VxAN RESOURCES DIRECTOR
CITY ~F LAKE ELSINORE
(SEAL)