HomeMy WebLinkAboutResolution 2007-116 N.C.S. 07/02/2007
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Resolution No. 2007-11.6 N.C.S.
of the City of Petaluma, California
ADOPTING THE APPROPRIATIONS LIMIT FOR FISCAL YEAR 2007-2008
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
W>FIEREAS, 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 guideline 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 the appropriations limit for Fiscal Year 2007-2008;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Petaluma
that:
1. The Fiscal Year 2007-2008 Appropriations Limit shall be $105,268,017.
Resolution No. 2007-1 I6 N.C.S. Page l
2. The Fiscal Year 2007-2008 Appropriations subject to the Limit. is $31,369,195.
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: 1 hereby certify the foregoing Resolution was introduced and adopted by the A~ ov das to
Council of the City of Petaluma at a Regular meeting on the 2"`~ day of July, 2007, fo
by the following vote: J
City ttomey
AYES: Barrett, Freitas, Harris, Vice Mayor Nau, O'Brien, Rabbitt, Mayor Torliatt
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST: ~ ry
City Clerk Mayor L/
Resolution No. 2007-I 16 N.C.S. Page 2