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HomeMy WebLinkAbout2020-29 - Appropriations LimitRESOLUTION NO.2020-29 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COSTA MESA, CALIFORNIA, DETERMINING AND ADOPTING THE APPROPRIATIONS LIMIT FOR FISCAL YEAR 2020-2021, 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 Califomia 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 et seq. of the Govemment Code of the State of California, an annual appropriations limit must be established for the City effective for the fiscal year beginning July 1, 2020; and WHEREAS, the City has chosen to use the Califomia per capita income percentage change of 3.73% and the City's population growth rate of 0.2% as the factors to be used in calculating its appropriations limit for Fiscal Year 2020-2021; and WHEREAS, these factors are applied to the City's adopted appropriations limit for Fiscal Year 2019-2020 in determining the City's appropriations limit for Fiscal Year 2020- 2021; and NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Costa Mesa as follows: The appropriations limit for Fiscal Year 2020-2021 is established at $254,875,073. PASSED AND ADOPTED this 16th day of June, 2020. , Mayor ATTES : APPROVED AS TO FORM: q,YJAA Oyj-lel� " Brenda Green, Uty Clerk kimberlyall Barlow, City Attorney Resolution No. 2020-29 Page 1 of 2 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss CITY OF COSTA MESA ) I, BRENDA GREEN, City Clerk of the City of Costa Mesa, DO HEREBY CERTIFY that the above and foregoing is the original of Resolution No. 2020-29 and was duly passed and adopted by the City Council of the City of Costa Mesa at a regular meeting held on the 16th day of June, 2020, by the following roll call vote, to wit: AYES: COUNCIL MEMBERS: CHAVEZ, GENIS, MANSOOR, MARK, REYNOLDS, STEPHENS, AND FOLEY NOES: COUNCIL MEMBERS: NONE ABSENT: COUNCIL MEMBERS: NONE IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Seal of the City of Costa Mesa this 17th day of June, 2020. BRENDA GRbtN, CITY CLERK Resolution No. 2020-29 Page 2 of 2