My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
55A - RESO - APPROPRIATION LIMIT FY 14-15
Clerk
>
Agenda Packets / Staff Reports
>
City Council (2004 - Present)
>
2014
>
07/01/2014
>
55A - RESO - APPROPRIATION LIMIT FY 14-15
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
6/26/2014 3:33:29 PM
Creation date
6/26/2014 2:32:44 PM
Metadata
Fields
Template:
City Clerk
Doc Type
Agenda Packet
Agency
Finance & Management Services
Item #
55A
Date
7/1/2014
Destruction Year
2019
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
10
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
ROH: 06/02/14 <br />RESOLUTION NO. 2014- <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br />SANTA ANA ESTABLISHING THE APPROPRIATION LIMIT <br />OF THE CITY OF SANTA ANA FOR FISCAL YEAR <br />2014 -2015 <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SANTA ANA AS <br />FOLLOWS: <br />Section 1. The City Council of the City of Santa Ana hereby finds, determines <br />and declares as follows: <br />A. Article XIIIB of the Constitution of the State of California, adopted by the <br />voters of the State of California in November 1987, imposes upon State <br />and local government the obligation to limit each fiscal year's <br />appropriations to those established in fiscal year 1978 -79 as adjusted for <br />by inflation and population, together with other specified changes required <br />or permitted. <br />B. In June of 1990, the voters of the State of California approved Proposition <br />111 which amended Article XIII B to establish the limit originally calculated <br />for fiscal year 1986 -87 as a new adjustment base and to change the <br />definition of the cost of living to be either the percentage change in <br />California per capita personal income from the preceding year or the <br />percentage change in the local assessment roll from the preceding year <br />for the jurisdiction due to the addition of local non - residential new <br />construction. <br />C. Proposition 111 further modified Article XIII B requirements by making <br />certain capital outlay, debt service, emergency and court ordered <br />expenditures not subject to the limit and by allowing expenditures in <br />excess of one year's limit to be offset by under expenditures in an <br />immediately following year. <br />D. The City of Santa Ana has opted to use as the inflation adjustment factor, <br />the percentage change in the California per capita personal income from <br />the preceding year. <br />E. The City of Santa Ana has opted to use as the population adjustment <br />factor, the County's percentage change in population from the preceding <br />year. <br />55A -7 Resolution No. 2014- <br />
The URL can be used to link to this page
Your browser does not support the video tag.