HomeMy WebLinkAboutResolution No. 2015-C30RESOLUTION NO. 2015-C30
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA,
CALIFORNIA, APPROVING AND ADOPTING THE ANNUAL
APPROPRIATIONS LIMIT FOR THE FISCAL YEAR 2015-16 IN THE
AMOUNT OF $231,293,818
WHEREAS, in June of 1990, the voters of the State of California enacted Proposition 111,
"The Traffic Congestion Relief and Spending Limitation Act of 1990"; and
WHEREAS, this Act amended Article XIIIB of the Constitution of the State of California
regarding spending limitations of cities; and
WHEREAS, Article XIIIB of the California Constitution provides that the total annual
appropriations subject to limitation of each governmental entity, including this City, shall not exceed
the appropriation limit of such entity of government for the prior year, adjusted for changes in the
cost of living or personal income and population, except as otherwise provided for in said Article
XIIIB and implementing State Statutes; and
WHEREAS, pursuant to said Article XIIIB of said California Constitution, and Section 7900
et seq. of the California Government Code, the City is required to set its appropriation limit for each
fiscal year; and
WHEREAS, the Director of Finance of the City of Azusa has caused a technical review to
be made of the documentation for the City's said appropriation limitation, and has caused the
numbers upon which the City's appropriation limit is based to be researched and said limit to be
calculated; and
WHEREAS, based on such calculations, as described in the attached documentation as
Exhibit A and B, the Director of Finance has determined the said appropriation limit and, pursuant to
Section 7910 of the said California Government Code, has made available to the public the
documentation used in the detennination of said appropriation limit; and
WHEREAS, the City Council elects to utilize said calculations, which are attached for
reference.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Azusa,
California, that said appropriation limit for Fiscal Year 2015-16 shall be adopted in the amount of
$231,293,818 for said Fiscal Year.
JJ PASSED,,APPROVED and ADOPTED this 15th day of June, 2015.
/liAt-. A A C (/"i �''-
oseph Romero Rocha
Mayor
ATTEST:
City Clerk
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) ss.
CITY OF AZUSA )
I HEREBY CERTIFY that the foregoing Resolution No. 2015-C30 was duly adopted by the
City Council of the City of Azusa at a regular meeting thereof, held on the 15th day of June, 2015 by the
following vote of Council:
AYES: COUNCILMEMBERS: GONZALES, CARRILLO, MACIAS, ALVAREZ, ROCHA
NOES: COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS: NONE
(:: 2 � � , e, e 2
,�j• _ �l
City Clerk
APPROVED AS TO FORM:
Best Bes & Krieger, LP
City Attorney
EXHIBIT A
ANNUAL APPROPRIATIONS LIMIT CALCULATION
FOR FISCAL YEAR 2015-16
Inflation Factor (selected higher of the following):
Growth in the
3.82%
State
1.0382 Factor
California per
Department of
capita personal
Finance
income
Growth in the
4.11%
Hdl Coren &
1.0411 Factor
Selected for
non-residential
Cone
Calculation
assessed
valuation due to
new
construction
within the City
Population Factor (selected higher of the following):
City
2.11%
State
1.0211 Factor
Selected for
Department of
Calculation
Finance
County
0.82%
State
1.0082 Factor
Department of
Finance
Annual Limits Calculation:
Appropriations Limit for Fiscal Year 2014-15
Adjustment factors for Fiscal Year 2015-16:
Inflation Factor (B) Population Factor (C)
1.0411 1.0211
Combined Factor (13 times C)
1.06307
Adjustment for inflation and population (A times D)
$ 217,571,579 (A)
0.06307 (D)
13,722,239
Appropriations Limit for Fiscal Year 2014/15: $ 231,293,818