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HomeMy WebLinkAboutCC RES 93-090 1 2 4 5 7 8 9 10 12 13 15 17 2O 22 23 25 26 27 28 RESOLUTION 93-90 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN, DETERMINING AND ADOPTING AN APPROPRIATIONS LIMIT FOR THE FISCAL YEARS 1987-1994 1N ACCORDANCE WITH ARTICLE XIIIB 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, 1993; 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 list the appropriations limit for the fiscals year beginning July, 1987 thru June, 1994. 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 16th day of August, 1993. ATTEST: ~: ~eso[uta. [mt 1 2 3 4 5 6 7 8 9 10 11 12 13 15 17 18 19 20 21 25 26 27 28 City of Tustin Appropriation Limits For the Ye, ars Ended Jun~ 30, 1987-1994 Appropriations limit for fi,cai y~r 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 1988-89 1.0466 1.0579 1.1072 1.1684 1989-90 1.0519 1.0238 1.0769 1990-91 1.0421 1.0435 1.0874 1991-92 1.0414 1.0273 1.0698 1.3683 1.4639 1992-93 0.9936 1.0615 1993-94 1.0272 1.0687 1.0978 *Appropriation limit for fiscal year ended June 30th (calculated -,ing base year) Exhibit 'A City of Tustin RESOLUTION CERTIFICATION STATE OF CALIFORNIA ) COUNTY OF ORANGE ) CITY OF TUSTIN ) RESOLUTION NO. 93-90 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 16th day of August, 1993, by the following vote: COUNCILMEMBER AYES: COUNCILMEMBER NOES: COUNCILMEMBER ABSTAINED: COUNCILMEMBER ABSENT: Potts, Saltarelli, Pontious, Puckett, Thomas None None None Mary E. Wyman, ' LJ .~ City ~lerk