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98-030
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Last modified
1/3/2012 12:30:08 PM
Creation date
6/26/2003 10:47:01 AM
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City Clerk
Doc Type
Resolution
Doc #
98-30
Date
7/6/1998
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RESOLUTION NO. ~ m-n 3 0 <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY <br />OF SANTA ANA ESTABLISI-ffNG THE APPROPRIATIONS <br />LIMIT OF THE CITY OF SANTA ANA FOR FISCAL YEAR <br />1998-99. <br /> <br /> WHEREAS, Article XIIIB of the Constitution of the State of California imposes upon units <br />of State and local government the obligation to limit each fiscal year's appropriations in fiscal year <br />1978-79 as adjusted for inflation and population; and <br /> <br /> WHEREAS, the provisions of Proposition I 11 and SB88 (Chapter 60/90) implemented <br />revised annual adjustment factors to be applied to the 1986-87 limit and each year in between in <br />order to calculate the 1998-99 limit; and <br /> <br /> WHEREAS, the City of Santa Arm has opted to use as the inflation adjustment factor, the <br />percentage change in the California per capita personal income; and <br /> <br /> WHEREAS, the City of Santa Arm has opted to use as the population adjustment factor, the <br />County's own population growth; and <br /> <br /> WHEREAS, Division 9 of Title I of the Government Code of the State of California, as <br />enacted by 1980 Statutes, Chapter 1205, effective January I, 1981, directs the governing body of <br />each local jurisdiction each year; and <br /> <br /> WHEREAS, the Executive Director, Finance and Management Services of the City of Santa <br />Arm has determined the City's appropriation limit for fiscal year 1998-99 in accordance with the said <br />provisions of the Constitution and laws of the State of California and the documentation used in said <br />determination has been available to the public since June 18, 1998 in the office of the Executive <br />Director, Finance & Management Services; <br /> <br /> NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Santa Aha that, <br />based upon the above said documentation, the appropriation limit of the City of Santa Ama for fiscal <br />year 1998-99 is hereby found and determined to be $457,180,457. <br /> <br /> <br />
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