HomeMy WebLinkAboutCC RES 20-30DocuSign Envelope ID: 045F399F-C228-4FOF-BBDB-55754A4254B8
RESOLUTION NO. 20-30
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN,
CALIFORNIA, DETERMINING AND ADOPTING AN APPROPRIATION LIMIT
FOR THE FISCAL YEAR 2020-2021 IN ACCORDANCE WITH ARTICLE XIII B
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 XIII B was added to the Constitution of the State of California
at a general election held November 6, 1989; and
WHEREAS, an annual appropriation limit must be determined for this City effective
for the fiscal year beginning July 1, 2020; and
WHEREAS, the appropriation 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 1: In accordance with Article XIII B 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 1, 2020
through June 30, 2021 is $97,694,703.
Section 2: The appropriation limit shall not be exceeded in the adopted budget
or 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 June, 2020.
DR. ALLAN BERNSTEIN,
Mayor
ATTEST:
`LV'i(& g6US1kj,a
ERICA N. YASUDA,
City Clerk
Resolution 20-30
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DocuSign Envelope ID: 045F399F-C228-4FOF-BBDB-55754A4254B8
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS
CITY OF TUSTIN )
I, Erica N. Yasuda, City Clerk and ex -officio Clerk of the City Council of the City of Tustin,
California, do hereby certify that the whole number of the members of the City Council of
the City of Tustin is five; that the above and foregoing Resolution No. 20-30 was duly
passed and adopted at a regular meeting of the Tustin City Council, held on the 16th day
of June, 2020, by the following vote:
COUNCILMEMBER AYES: Bernstein, Clark, Puckett, Cooper, Lumbard (5)
COUNCILMEMBER NOES: (0)
COUNCILMEMBER ABSTAINED: (0)
COUNCILMEMBER ABSENT: (0)
`L (& geustJ&
ERICA N. YASUDA,
City Clerk
Resolution 20-30
Page 2 of 2
DocuSign Envelope ID: 045F399F-C228-4FOF-BBDB-55754A4254B8
EXHIBIT A
Appropriations Limit
City of Tustin
Fiscal Year 2020/21
AMOUNT
Last Year's Limit (2019/20) $94,144,067
Adjustment Factors
1. Population(') 1.0004
2. Inflation (2) 1.0373
Total Adjustment Factor(') 1.0377
Total Adjustments 3,550,636
Appropriations Limit for Fiscal Year 2020121 97.694.703
Appropriations Subject to Limit:
Proceeds of Taxes $47,953,752
Minus Exclusions -
Appropriations Subject to Limit $47,953,752
Fiscal Year 2020/21 Appropriations Limit 97,694,703
Less Appropriations Subject to the Limit 47,953,752
Difference Under the Limit $49,740,9M
(')The population factor may be based on the change in population of 1) the City; or 2) the
County of Orange, as provided by the State of California's Department of Finance. The
population factor adopted by the City for the current year appropriation limit represents the
change in population of the County of Orange.
(2)The inflation factor may be based on 1) the change in per capita personal income for the
State of California as provided by the State of California's Department of Finance; or 2)
the change in assessed valuation due to new nonresidential construction within the City.
The inflation factor adopted by the City for the current year appropriation limit represents
the change in per capita personal income for the State of California.
(3)The total adjustment factor is calculated by multiplying the population factor by the inflation
factor.