HomeMy WebLinkAboutCC Reso No 1997-50RESOLUTION NO. 97-50
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE
ELSINORE, CALIFORNIA, ESTABLISHING THE APPROPRIATIONS
LIMIT FOR FISCAL YEAR 1997-98 FOR THE CITY OF LAKF.
ELSINORE IN ACCORDANCE WITH THE PROVISIONS OF DIVISION
9 OF TITLE OF THE CALIFOItNIA GOVERNMENT CODE.
WFIEREAS 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 appropriations limit of such entity for the prior year
adjusted for changes in the cost of living and population except as othenvise 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 year; and
WIIEREAS 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
o~ce; and
WHEREAS Section 7902(a) of the Government Code sets forth the method of
determining the appropriations limit for each local jurisdiction for the 1997-98 fiscal year; and
WHEREAS the City Council of the City of Lake Elsinore wishes to establisU the
appropriations limit for fiscal year 1997-98 for the City of Lake Elsinore.
n` NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lake
9y
Elsinore, California, as follows:
Section 1: That it is hereby found and determined that the documentation used in the
determination of the appropriations limit for the City of Lake Elsinore for fiscal year 1997-98 was
available to the public in the Finance Department of said City at least fifteen days prior to this
date.
5ection 2: That the growth in California Per Capita Income and City Population
were selected for the 1997-98 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 $20,805,008.
Approced as to Form & Le~gality:
ara Leibo~d, Ci~ Attorney
Upon the Following Vote:
` AYES: COUNCILMEMBERS: ALONGI, BRINLEY, KELLEY, METZE, PAPE
NOES: COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS: NONE
ABSTAIN: COUNCILMEMBERS: NONE
^
ADOPTED by the City Council and signed by the Mayor and attested by the City
STATE OF CALIFORNIA )
COiTNTY OF RIVERSIDE ) SS:
CTTY OF LAKE ELSINORE )
I, VICHI KASAD, CITY CLERK OF THE CITY OF LAKE ELSINORE,
CALIFORNTA, 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 8th day of Ju-y,1997, and that it was so adopted by the following vote:
AYES: COiTNCILMEMBERS:
ALONGI, BRINLEY, KELLEY,
METZE, PAPE
NOES: COUNCILMEMBERS:
ABSENT: COUNCILMEMBERS:
ABSTAIN: COUNCILMEMBERS:
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i ~
ria ~:s ~, ci~ LE~
C£i~ ~~ I.AKE 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 CERTIF'Y that the above and foregoing is a fu(1, true and correct copy of
Resolution No. 97-50 of saidpCouncil, and that the same has not been amended or repealed.
DATE: July 21, 1997
~ ~~
~'IC~ AD,;CITI' CLERK
f'IY'Y O~;i.AKE ELSINORE
(SE~~:.)