HomeMy WebLinkAboutResolution 99-165 N.C.S. 08/16/1999 Resolution IVo. 99-165 lr•C•~•
of the City of Petaluma, California
1 RES®LiJTI®N AD®PTING THE APPR®PRIATI®N LIIVIIT F®R
2 FISCAL YEAR 1999-00
3
4 WHEREAS, the people of California on November 6, 1979, added Article XIII-B to the
5 State Constitution placing various limitations on the appropriations of the State and local
6 governments; and
7
8 WHEREAS, the State Legislature adopted Chapters 1205 and 1342 of the 1980 Statutes
9 which implemented Article XIII-B; and
10
11 WHEREAS, the people of California on June 5, 1990 amended Article XIII-B effective
12 July 1, 1990; and
13
14 WHEREAS, the provisions of the amendments have been interpreted by a coalition of
15 statewide organizations, and the organizations have issued through the League of California
16 Cities revised guidelines to recalculated the appropriations limit; and
17
18 WHEREAS, 7902 of the Government Code provides the process in which to calculate
19 the appropriations limit and 7910 of the Government. Code requires cities to adopt a resolution
20 setting the annual appropriation limit at a regularly scheduled meeting or a noticed special
21 meeting; and
22
23 WHEREAS, the City of Petaluma. has complied with the provisions of Article XIII-B in
24 determining the appropriations limit for Fiscal Year 1999-00; and
25 ,
26 N®W, THEREF®RE, BE IT RES®LVEI) by the City Council of the City of Petaluma
27 that:
28
29 1. The annual adjustment factors used to calculate the FY 99-00 appropriations limit
30 shall be the estimated change in FY 98-99 non-residential assessed valuation due to new
31 construction (13.11%) and 1999 City population (2.54%).
32
33 2. The FY 99-00 appropriations limit shall be $61,623,101.
34
35 3. he FY 99-00 appro$riations.s~lb'e~t to the a~ro~riati~ns limit is $17 952 888.
~Jnder the power 9itd a thonty con er ,upon tlus un 1 by t e Charter of said City.
REFERENCE: I hereby certify the foregoing Resolution was introduced and adopted by the Approved as to
Council of the City of Petaluma at a (Regular) (l3E~r29l~X~l) meeting form
on the .-..16th..---...... day of ........-.August....--•--• 1x.99-., by the
following vote: . . .
ney
AYES: Torliatt, Cader-Thompson, Maguire, Mayor Thompson
NQES: None
ABSENT: .Healy, Hamilton, Vice Mayor Keller J
ATTEST': • . . . .
City Clerk Mayor
Council File
CA IU-KS ,zs. N~~.....9.9.-16.5......... N.cs.