HomeMy WebLinkAboutResolution 97-300 11/03/1997 RESOLUTION NO. 97-300 N.C.S.
of the City of Petaluma, California
1 RESOLUTION ADOPTING THE APPROPRIATION LIMIT FOR
2 FISCAL YEAR 1997=98
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 1205 and 1342 of the 1980
10 Statutes which implemented Article XIII-B; and
11
12 WHEREAS, the people of California on June 5, 1990 amended Article XIII-B
13 effective July 1, 1990; and
14
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
18
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
23
24 WHEREAS, the City of Petaluma has complied with the provisions of Article
25 XIII-B in determining the appropriations.limit for Fiscal Year 1997-98; and
26
27 NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
28 Petaluma that:
29
30 1. The annual adjustment factors used to calculate the FY 97-98 appropriations
31 limit shall be the estimated change in FY 96-97 non-residential assessed valuation
32 due to new construction (23.26%) and City population (2.59%).
33
34 2. The FY 97-98 appropriations limit shall be $44,699,477.
35
36 3. The FY 97-98 appropriations subject to the appropriations limit is $14,162,472.
Under the power and authority mnierred upon this Councilby 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)yQAa'Zfjdi3FSd3§XQLr'~i2fiM) meeting form
on the ._3rd,,,,,,,,,,,,,,,, day of _.....SOX.~.R71~~C..................._._....., 19.7..., by the
following vote:
City Attorney
AYES: Read, .Keller, Torliatt, Maguire, Vice Mayor Hamilton, Mayor Hilligoss
NOES: None
ABSENT:Stompe
ATTEST: .~dK~s/~=~=~-l~.<..L..~L.:cC..>~~~
.
City Clerk Mayor
Cbwcil Filnnn.._p._..oo_._........._.._....
CA IO~eS Res. Nu ......J.1.-.JDD_._. NC.S.