HomeMy WebLinkAbout14-36 - Appropriations Limit for FY 2014-2015RESOLUTION NO. 14-36
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COSTA MESA,
CALIFORNIA, DETERMINING AND ADOPTING THE APPROPRIATIONS LIMIT FOR
FISCAL YEAR 2014-2015, 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, 2014; and
WHEREAS, the City has chosen to use the California per capita income
percentage change of -0.23% and the County's population growth rate of 0.93% as the
factors to be used in calculating its appropriations limit for Fiscal Year 2014-2015; and
WHEREAS, these factors are applied to the City's adopted appropriations limit for
Fiscal Year 2013-2014 in determining the City's appropriations limit for Fiscal Year 2014-
2015; and
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Costa
Mesa as follows:
The appropriations limit for Fiscal Year 2014-2015 is established at $191,787,464.
PASSED
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17th day of June, 2014.
ATTEST: APPROVED AS TO FORM:
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Brenda -Green,- tity Clerk Thomas Duarte, City Attorney�tl��,�,,
Resolution No. 14-36 Page 1 of 2
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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.14-36 and was
duly passed and adopted by the City Council of the City of Costa Mesa at a regular
meeting held on the 17th day of June, 2014, by the following roll call vote, to wit:
AYES: COUNCIL MEMBERS: Genis, Leece, Monahan, Mensinger, Righeimer
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 18th day of June, 2014.
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BRENDA G.RE N, CITY CLERK
Resolution No. 14-36 Page 2 of 2