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HomeMy WebLinkAboutResolution No. 06-C0490 0 RESOLUTION NO. 06-C49 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA ESTABLISHING AN APPROPRIATIONS LIMIT FOR THE FISCAL YEAR 2006-07 PURSUANT TO ARTICLE XIIIB OF THE CALIFORNIA CONSTITUTION WHEREAS, in June of 1990, the voters of the State of California enacted Proposition 1 11, "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 X11113 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 Administrative Services Director -CFO 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 Administrative Services Director -CFO 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 2006-07 shall be adopted in the amount of $39,121,060 for said Fiscal Year. .R LIAIDADOPTED this 19'h day of June, 2006. C� MAYOR HEREBY CERTIFY that the foregoing Resolution No. 06-C49 was duly adopted by the City Council of the City of Azusa at a regular meeting thereof held on the 19' day of June, 2006. AYES COUNCIL MEMBERS: HARDISON, CARRILLO, ROCHA, HANKS, CHAGNON NOES COUNCIL MEMBERS: NONE ABSTAIN : CO CIL MEMBERS: NONE ABSENT : UN IL ME HERS: NONE CITY CLERK