HomeMy WebLinkAbout05-42 - Determining & Adopting the Appropriations Limit for FY 2005-06RESOLUTION NO. 05-42
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
COSTA MESA, CALIFORNIA, DETERMINING AND
ADOPTING THE APPROPRIATIONS LIMIT FOR FISCAL
YEAR 2005-2006, 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, 2005; and
WHEREAS, the City is using the California per capita income percentage
change of 5.26% and the County's population growth of 1.13% as the factors in
calculating its appropriations limit for Fiscal Year 2005-2006; and
WHEREAS, these factors are applied to the City's adopted appropriations limit
for Fiscal Year 2004-2005 in determining the City's appropriations limit for Fiscal Year
2005-2006;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Costa
Mesa as follows:
The appropriations limit for Fiscal Year 2005-2006 is established at
$140,623,635.00.
PASSED AND ADOPTED this 21't day of June, 2005.
ATTEST:
Dep City Clerk of the City of Costa Mesa
STATE OF CALIFORNIA)
COUNTY OF ORANGE ) ss
CITY OF COSTA MESA )
Mayor of the City of Costa Mesa
APPROVED AS TO FORM 11
City Attortfey
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. 05-42
was duly and regularly passed and adopted by the said City Council at a regular
meeting thereof held on the 21" day of June, 2005, by the following roll call vote:
AYES: Mansoor, Monahan, Bever, Dixon, Foley
NOES: None
I_L:b9��i1•�rbLi=
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of
the City of Costa Mesa this 22ntl day of June, 2005.
Qd��12 �4 �
Deodty City Clerk and ex -officio Clerk of
the City Council of the City of Costa Mesa