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HomeMy WebLinkAboutCC RES 94-1071 2 3 4 5 s 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION 94-107 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TIISTIN, DETERMINING AND ADOPTING AN APPROPRIATIONS LIMIT FOR THE FISCAL YEAR 1994-1995 1N ACCORDANCE WITH ARTICLE %IIIB OF THE CONSTITUTION OF THE STATE OF CALIFORNIA, AND SECTION 7910 OF THE GOVERNMENT CODE. The City Council of The City of Tustin does hereby resolve as follows: WHEREAS, Article XIIIB was added to the Constitution of the State of California at a general election held November 6, 1979; and WHEREAS, an annual appropriation limit must be determined for this City effective for the fiscal year beginning July, 1994; and WHEREAS, the appropriations limit must be adhered to in preparing and adopting this City's Annual Budget. NOW, THEREFORE, the City Council of the City of Tustin does hereby resolve and order as follows: Section I: In accordance with Article XIIIB of the Constitution of the State of California, and Section 7910 of the Government Code and as set forth in detail in the Attached Exhibit "A" that the appropriations limit for the fiscal year beginning July, 1994 thru June, 1995 is $25,333,350. Section 2: The appropriations limit shall not be exceeded in the adopted budget nor by any proposed amendment to the budget. PASSED AND ADOPTED at a regular meeting of the City Council of the City of Tustin held on the 6th day of September , 1994. ST: Wynn, City Clerk a:resolutn.lmt Thomas R. Sa~1t. relli Mayor EXHIBIT A City of Tustin Appropriation Limits For the Years Ended June 30, 1987-1995 Appropriations lirm't for fzscal year ended June 30, 1987 (base year) $14,249,831 ANNUAL ADJUSTMENT FACTORS: Fiscal Year Price Population Combined Factors Cumulative Factors* 1987-88 1.0347 1.0199 ............. 1,0553 ..... 1,0553 1988 - 89 1.0466 1.0579 1.1072 1.1684 1989-90 1.0519 1.0238 1.0769 1.2583 1990 -91 1.0421 1.0435 1.0874 1.3683 1991-92 1.0414 1.0273 1.0698 1.4639 1992-93 0.9936 1.0615 1.0547 1.5440 1993 - 94 1.0272 1.0687 1.0978 1.6949 1994 - 95 1.0071 1.04 15 1.0489 1.7778 *,aCpropriadon lic~it [02' Ei$cal year ended June 30th (calcula ted using base year) City of Tustin RESOLUTION CERTIFICATION STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss CITY OF TUSTIN ) RESOLUTION NO. 94-107 Mary E. Wynn, City Clerk and ex-officio Clerk of the City Council of the City of Tustin, California, does hereby certify that the whole number of the members of the City Council is five; that the above and foregoing resolution was passed and adopted at a regular meeting of the City Council held on the 6th day of September, 1994, by the following vote: COUNCILMEMBER AYES: Saltarelli, Potts, Doyle, Worley COUNCILMEMBER NOES: None COUNCILMEMBER ABSTAINED: None COUNCILMEMBER ABSENT: Thomas E. Wynn, City Clerk