HomeMy WebLinkAbout07-56 - Determining and Adopting Appropriations Limit for FY 2007-08RESOLUTION NO. 07-56
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF COSTA MESA, CALIFORNIA, DETERMINING AND
ADOPTING THE APPROPRIATIONS LIMIT FOR FISCAL
YEAR 2007-2008, IN ACCORDANCE WITH ARTICLE
XIII -B OF THE CONSTITUTION OF THE STATE OF
CALIFORNIA, AS AMENDED BY PROPOSITION 111
AND SENATE BILL 88.
THE CITY COUNCIL OF THE CITY OF COSTA MESA DOES HEREBY
RESOLVE AS FOLLOWS:
WHEREAS, Article XIII -B was added to the Constitution of the State of California
at a general election held on November 6, 1979; and
WHEREAS, Article XIII -B was subsequently modified by Proposition 111 and
Senate Bill 88 (Chapter 60/90) at a general election held on June 5, 1990; and
WHEREAS, in accordance with Section 7910 of the Government Code of the
State of California, an annual appropriations limit must be established for this City
effective for the fiscal year beginning July 1, 2007; and
WHEREAS, the City has chosen to use the California per capita income
percentage change of 4.42% and the County's population growth rate of 0.84% as the
factors to be used in calculating its appropriations limit for Fiscal Year 2007-2008; and
WHEREAS, these factors are applied to the City's adopted appropriations limit
for Fiscal Year 2006-2007 in determining the City's appropriations limit for Fiscal Year
2007-2008;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Costa
Mesa as follows:
The appropriations limit for Fiscal Year 2007-2008 is established at
$155,213,984.00.
PASSED AND ADOPTED this 19th day of June, 2007.
ATTEST:
Jul' Folcik, City Clerk
P//,///L—
Allan R. Mansoor, Mayor
APPROVED AS TO FORM:
Kimberly Hall Barlow, City Attorney
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STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss
CITY OF COSTA MESA )
I, JULIE FOLCIK, City Clerk of the City of Costa Mesa, DO HEREBY CERTIFY
that the above and foregoing is the original of Resolution No. 07-56 and was duly
passed and adopted by the City Council of the City of Costa Mesa at a regular meeting
held on the 19th day of June, 2007, by the following roll call vote, to wit:
AYES: COUNCIL MEMBERS: MANSOOR, BEVER, DIXON, FOLEY, LEECE
NOES: COUNCIL MEMBERS: NONE
ABSENT: COUNCIL MEMBERS: NONE
IN WITNESS WHEREOF, I have hereby set my hand and affixed the seal of the
City of Costa Mesa this 20th day of June, 2007.
(SEAT:)
JU E FOLCIK, CITY CLERK
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