HomeMy WebLinkAboutResolution No. 02-C067RESOLUTION NO. 02-c67
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA
ESTABLISHING AN APPROPRIATIONS LIMIT FOR THE FISCAL YEAR
2002-03 PURSUANT TO ARTICLE XIIIB OF THE CALIFORNIA
CONSTITUTION
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
XIILB and implementing State Statutes; and
WHEREAS, pursuant to said Article XMB 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 Finance Director 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, the Finance Director 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 determination 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 2002-03 shall be adopted in the amount of
$26,901,622 for said Fiscal Year.
PASSED AND ADOPTED this 17th day of June 12002.
MAYOR
I HEREBY CERTIFY that the foregoing Resolution No. 02-C67 was duly adopted by
the City Council of the City of Azusa at a regular meeting thereof held on the 17th day of
June 2002.
AYES COUNC[LMEMBERS: HARDISON, STANFORD, ROCHA, CHAGNON, MADRID
NOES COUNCIL MEMBERS: NONE
ABSENT COUNCIL MEMBERS: NONE
CITY CLERK
Q 9R[SO]mions'2 00GANNLI\ffr
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City ofAzusa
APPROPRIATIONS SUBJECT
TO LIMITATION
City: Azusa
FY: 2002/2003
Budget: _X_ or Actual:
Proceeds of Taxes $16,262,715
Exclusions
Appropriations Subject to Limitation 16,262,715
Current Year Limit 26,901,622
Over/(Under)Limit $ (10,638,908)