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HomeMy WebLinkAboutResolution 2019-074 N.C.S. 06/03/2019Resolution No. 2019-074 N.C.S. of the City of Petaluma, California RESOLUTION ADOPTING THE APPROPRIATIONS LIMIT FOR FISCAL YEAR 2019-2020 AND MAKING THE ANNUAL ELECTION FOR ADJUSTMENT FACTORS WHEREAS, the people of California on November 6, 1979, added Article XIII -B to the California State Constitution placing various limitations on the appropriations of State and local governments; and WHEREAS, the California State Legislature adopted Chapters 1205 and 1342 of the 1980 Statutes which implemented Article XIII -B; and WHEREAS, the people of California on June 5, 1990 amended Article XIII -B effective on July 1, 1990; and WHEREAS, the provisions of the amendments have been interpreted by a coalition of statewide organizations, and the organizations have issued through the League of California Cities revised guidelines to calculate the appropriations limit; and WHEREAS, section 7910 of the Government Code requires cities to adopt a resolution setting the annual appropriations limit at a regularly scheduled meeting or a noticed special meeting; and WHEREAS, the City of Petaluma has complied with the provisions of Article XIII -B in calculation of the appropriations limit for Fiscal Year 2019-2020. that: NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Petaluma 1. The Fiscal Year 2019-2020 Appropriations Limit shall be $161,700,467. 2. The Fiscal Year 2019-2020 Appropriations subject to the limit is $40,699,669. Resolution No. 2019-074 N.C.S. Page 1 3. The annual election for Adjustment Factors shall be to use the growth in City Population and the increase in the Per -Capita Personal Income for the State of California, as provided by the California State Department of Finance. 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 ,prov las to Council of the City of Petaluma at a Regular meeting on the 3rd day of June 2019, 1 ¢ by the following vote: City Attorney AYES: Mayor Barrett; Fischer; Healy; King; Vice Mayor McDonnell; Miller NOES: None ABSENT: Kearney ABSTAIN: None ATTEST: �- �- Acting City Clerk Mayor Resolution No. 2019-074 N.C.S. Page 2