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HomeMy WebLinkAboutResolution 2020-088 N.C.S. 06/15/2020Resolution No. 2020®088 N.C.S. of the City of Petaluma, California RESOLUTION ADOPTING THE APPROPRIATIONS LIMIT FOR FISCAL YEAR 2020-2021AND MAKING THE ANNUAL ELECTION FOR ADJUSTMENT FACTORS WHEREAS, the people of California on November 6, 1979, added At 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 2020-2021. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Petaluma that: 1. The Fiscal Year 2020-2021 Appropriations Limit shall be $166,859,689. 2. The Fiscal Year 2020-2021 Appropriations subject to the limit is $39,942,953. Resolution No. 2020-088 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 Approved to, Council of the City of Petaluma at a Regular meeting on the 151h day of June 2020, fora t(( by the following vote: . AYES: NOES: ABSENT: ABSTAIN: ATTEST: Mayor Barrett; Vice Mayor Fischer; Healy; Kearney; King; McDonnell; Miller None None None &6w �e ., _N�fxz�__ City Clerk City Attorney Y - w Mayor Resolution No. 2020-088 N.C.S. Page 2