HomeMy WebLinkAbout04-42 - Adopting Appropriations Limit for FY 2004-05RESOLUTION NO. 04-42
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
COSTA MESA, CALIFORNIA, DETERMINING AND
ADOPTING THE APPROPRIATIONS LIMIT FOR FISCAL
YEAR 2004-2005, 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 60190) 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, 2004; and
WHEREAS, the City is using the California per capita income percentage
change of 3.28% and the City's population growth of 1.44% as the factors in calculating
its appropriations limit for Fiscal Year 2004-2005; and
WHEREAS, these factors are applied to the City's adopted appropriations limit
for Fiscal Year 2003-2004 in determining the City's appropriations limit for Fiscal Year
2004-2005;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Costa
Mesa as follows:
The appropriations limit for Fiscal Year 2004-2005 is established at
$132,103,689.00.
PASSED AND ADOPTED this 218tdayof June, 2004.
ATTEST: Jl
DepCity Clerk the City of Costa Mesa
STATE OF CALIFORNIA)
COUNTY OF ORANGE ) ss
CITY OF COSTA MESA )
Mayor of theCyst osta Mesa
APPROVED AS TO FORM
City Attorney
I, JULIE FOLCIK, Deputy City Clerk and ex -officio Clerk of the City Council of the
City of Costa Mesa, hereby certify that the above and foregoing Resolution
No._pa_a2 was duly and regularly passed and adopted by the said City Council at
a regular meeting thereof held on the 21st day of June, 2004, by the following roll call
vote:
AYES: Monahan, Mansoor, Cowan, Steel, Scheafer
NOES: Mone
ABSENT: Mone
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of
the City of Costa Mesa this 21st day of June, 2004.
De City Clerk and ex -officio Clerk of
the City Council of the City of Costa Mesa