HomeMy WebLinkAboutResolution 98-217 N.C.S. 10/19/1998 Resolution No. ss-21~ N.C.S.
of .the City of Petaluma, California
1 RESOLUTION ADOPTING THE APPROPRIATION LIlVIITFOR
2 FISCAL YEAR 1998-99
3
4
5 WHEREAS, the people of California on November 6, 1979, added Article XIII-B
6 to the State Constitution placing various limitations on the appropriations of the State and local
7 governments; and
8
9 WHEREAS, the State Legislature adopted Chapters 1.205 and 1342 of the 1980
10 Statutes which implemented Article XIII-B; and
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12 WHEREAS, the people of California on June 5, 1990 amended Article XIII-B
13 effective July 1, 1990; and
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15 WHEREAS, the provisions of the amendments have been interpreted by a
16 coalition of statewide organizations, and the organizations have issued through the League of
17 California Cities revised guidelines to recalculated the appropriations limit; and
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19 WHEREAS, 7902 of the Government Code provides the process in which to
20 calculate the appropriations limit and 7910 of the Government Code requires cities to adopt a
21 resolution setting the annual appropriation limit at a regularly scheduled meeting or a noticed
22 special meeting; and
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24 WHEREAS, the City ofPetaluma has:complied with the provisions of Article
25 XIII-B in determining the appropriations limit for Fiscal Year 1998-99; and
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27 NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
28 Petaluma that:
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30 1. The annual adjustment factors used to calculate the FY 98-99 appropriations
31 limit shall be the estimated change in FY 97-98 non-residential assessed valuation
32 due to new construction (15.93%) and 1998 City population (2.53%).
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34 2. The FY 98-99 appropriations limit shall be $53,131,152.
35
36 3. The FY 98-99 appropriations subject to the appropriations limit is $15,644,899.
Under the power and authority conferred upon this Council by the 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) 6C~LGtftH4S~7[6(ip~~}{I) meeting f°r°'
on the ......1.9tt1.......... day of ............t~CtAt).2i' 19....~;~ by the
following vote:
City Attorney
AYES: Keller, Read, Stompe, Vice Mayor Maguire, Mayor Hilligoss
NOES: None
ABSENT: Torliatt i 5fi
ATTEST: _ ~
City Clerk Mayon
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