Laserfiche WebLink
437 <br /> <br />RELmvb: 5/18/95 <br /> <br />RESOLUTION NO. 9 5-017 <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY <br />OF SANTA ANA ESTABLISHING THE APPROPRIATIONS <br />LIMIT OF THE CITY OF SANTA ANA FOR FISCAL YEAR <br />1995-96. <br /> <br /> WHEREAS, Article XIIIB of the Constitution of the State of <br />California imposes upon units of State and local government the <br />obligation to limit each fiscal year's appropriations in fiscal <br />year 1978-79 as adjusted for inflation and population; and <br /> <br /> WHEREAS, the provisions of Proposition 111 and SB88 (Chapter <br />60/90) implemented revised annual adjustment factors to be applied <br />to the 1986-87 limit and each year in between in order to calculate <br />the 1990-91 limit; and <br /> <br /> WHEREAS, the City of Santa Ana has opted to use as the <br />inflation adjustment factor, the percentage change in the <br />California per capita personal income; and <br /> <br /> WHEREAS, the City of Santa Ana has opted to use as the <br />population adjustment factor, the County's own population growth; <br />and <br /> <br /> WHEREAS, Division 9 of Title I of the Government Code of the <br />State of California, as enacted by 1980 Statutes, Chapter 1205, <br />effective January 1, 1981, directs the governing body of each local <br />jurisdiction each year; and <br /> <br /> WHEREAS, the Executive Director, Finance and Management <br />Services of the City of Santa Aha has determined the city's <br />appropriation limit for fiscal year 1995-96 in accordance with the <br />said provisions of the Constitution and laws of the State of <br />California and the documentation used in said determination has <br />been available to the public since May 30, 1995, in the office of <br />the Executive Director, Finance & Management Services; <br /> <br /> NOW, THEREFORE, BE IT RESOLVED by the city Council of the city <br />of Santa Ana that, based upon the above said documentation, the <br /> <br /> <br />