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HomeMy WebLinkAboutCC RES 97-087 ] RESOLUTION 97-87 A RESOLUTION OF THE CITY COUNCIL OF THE CITY 0F 3 TUSTIN, CALIFORNIA, DETERMINING AND ADOPTING AN APPROPRIATION LIMIT FOR THE FISCAL YEAR 1997-98 4 IN ACCORDANCE WITH ARTICLE XIIIB OF THE CONSTITUTION OF THE' STATE OF CALIFORNIA, AND 5 SECTION 7910 OF THE GOVERNMENT CODE The City Council of The City of Tustin does hereby resolve 7 as follows: 8 WHEREAS, Article XIIIB was added to the Constitution of the State of California at a general election held November 9 6, 1979; and WHEREAS, an annual appropriation limit must be determined for this City effective for the fiscal year beginning July, 1997; and WHEREAS, the appropriation limit must be adhered to in ]2 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 1: 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 appropriation limit for the fiscal year beginning July, 1997 through june, 1998 is $32,576,620. Section 2: The appropriation limit shall not be exceeded in the adopted budget nor by any proposed amendment to 19 the budget. 20 PASSED AND ADOPTED at a regular meeting of the City Council of the City of Tustin held on the 18th day of August , 1997. Thomas, Mayor 25 ATTEST: 26 28 'P~anela St6k~r7 d~ Clerk RES:ResgF-87.Aug EXHIBIT A City of Tustin Appropriation Limits Appropriations limit for base year ending June 30, 1987: $14,249,831 (a) (b) (a)x(b) Per Capita Current P. Income Population Calculation Cumulative Amended Fiscal Year Change Change Factor Factor Limit 1987-88 1,0347 1.0199 1.0553 1.0553 $15,037,71 2 1988439 1.0466 1.0579 1.1072 1.1684 $16,649,726 1989 90 1.051 9 1.0238 1.0769 1.2583 $17,930,677 1990-91 1.0421 1.0435 1.0874 1.3683 $19,498,380 1991-92 1.041 4 1.0273 1.0698 1.4639 $20,859,956 1992 93 0.9936 1.061 5 1.0547 1.5440 $22,001,129 1993-94 1.0272 1.0687 1.0978 1.6949 $24,152, 150 1994-95 1.0071 1.041 5 1.0489 1.7778 $25,333,061 · 1995-96 1.0472 "' 1.0508 1.1004 1.9563 $27,876,443 1996-97 1.0467 1.0373 1.0857 2.1240 $30,266,623 1997-98 1.0467 1.0283 1.0763 2.2861 $32,576,620 1997/98 Factors as reported by the State Department of Finance: 'Per Capita Personal Income Change over Prior Year: 4.67% Population Change: City of Tustin. 2.83% Recommend: 2.83% Orange County 1.07% City of Tustin RESOLUTION CERTIFICATION STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss CITY OF TUSTIN ) RESOLUTION NO. 97-87 Pamela Stoker, 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 18th day of August, 1997, by the following vQte: COUNCILMEMBER AYES: Thomas, Saltarelli, Doyle, Potts COUNCILMEMBER NOES: None COUNCILMEMBER ABSTAINED: ~ None COUNCILMEMBER ABSENT: Worley