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HomeMy WebLinkAboutCC Reso No 1999-23R~SOLUTION NO. 99- 23 A RESOLUTION OF THE CITY COLTNCIL OF THE CITY OF LAKE ELSINORE; CALIFORNIA, ESTABLISHING THE APPROPRIATIONS LIMIT FOR FISCAL YEAR 1999-2000 FOR THE CITY OF LAKE ELSINORE IN ACCORDANCE WITH THE PROVISIONS OF DIVISION 9 OF TITLE 1 OF THE CALIFORNIA GOVERNMENT CODE. WHEI2EA5 Article XIII B of the Constihition 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 (Propositio~ 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 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 WAEREAS Proposition 111 as approved by the voters of the State of California, requires a recorded vote of tlie City council regarding which of tlie annua] 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 assessed valuation 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 tl~e 1999-2000 fiscal year; and WHEREAS the City Council of the City of Lake Elsinore wishes to establish the appropriations limit ior fiscal year 1999-2000 for the City of Lake Elsinore. NOW, THEREFOR~, BE IT RESOLVED by the City Cotmcil of the City of Lake Elsinore, California, as follows: Section 1: Tliat it is hereby found and deterniined that the documentation used in the determination of the appropriations limit for the City of Lake Elsinore for fiscal year 1999-2000 , _ ' _ .~'i~ _..~,- r.,... >..;, 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 California Per Capita Income and City Population were selected for the 1999-2000 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 Govemment Code is $24,880,154. ; PASSED, APPROVED, AND ADOPTED this 8`h day of June, 1999, by the following vote: AYES: COUNCILMEMBERS NOES: COUNCILMEMBERS ABSENT: COUNCILMEMBERS ABSTAIN: COUNCILMEMBERS BRINLEY, METZE, PAPE, SCHIFFNER, KELLEY NONE NONE NONE A'~TrST: /- 2~:~~ VICIC~ ICt1SAP, CITY CLERK APPROVED AS TO FORM AND LEGALITY: ~ ~ C~'/ $ ARA ZE D LEIB LD CITY ATT ~Y _._ ,:,- ~ , ~. F/Y 1999-2000 APPROPRIATIONS LIMIT APPROPRIATION LIMIT COMPUTATION 1998-99Appropriations Limit Add 1999-2000 Adjustment: California Per Capita Personal Income (4.53%) i Add 1999-2000 Adjustment: State Department of Finance Population Growth Percentage for Lake Elsinore (5.53%) 29,297 @ 1/1/99 $ 22,554,654 1,021,726 $ 23,576,380 1,303,774 1999-2000 Appropriation Limit $ 24,880,154 STATE OF CALIFOI2NIA ) COUNTY OF RIVERSIDE ) SS: CITY OF LAKE ELSINORE ) I, VICKI 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 Meet'-ng of said Council on the 8th day of June, 1999, and that it was so adopted by the following vote: AYES: COUNCILMEMBERS: BRINLEY, METZE, PAPE, SCHIFFNER,KELLEY NOES: COUNCILMEMBERS: NONE ABSENT: COUNCILMEMBERS: NONE ABSTAIN: COUNCILMEMBERS: NONE ~~..'~~ VICHI K.ASAD~, CITY CLERK C~`TY OF' LAKE ELSINORE (S~A rL) STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) SS: CITY OF LAICE ELSINORE) I, VICKI 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. 99-23 of said Council, and that the same has not been amended or repealed. DATE: July 6, 1999 (~ ~~t)G..~~` vJ[~HI KASAD, CITY CLERK CI'I"~' m~F LAKE ELSINORE (SEAL)