HomeMy WebLinkAboutResolution 96-314 11/04/1996RESOLUTION NO. 96-314 N.C.S.
of the City of Petaluma, California
RESOLUTION ADOPTING THE APPROPRIATION LIMIT FOR
FISCAL YEAR 1996-97 .
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
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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
l7 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 of Petaluma has complied with the provisions of Article
25 XIII-B in determining the appropriations limit for Fiscal Year 1996-97; and
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27 NOW, THEREFORE, BE IT RESOLVED by the City Council.ofthe City of
28 Petaluma that:
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30 1. The annual adjustment factors used to calculate the FY 96-97 appropriations
31 limit shall be the. estimated change in FY 95-96 non-residential assessed valuation
32 due to new construction (11.04%) and City population (1.88%).
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34 2. The FY 96-97 appropriations limit shall be $35,348,846.
35
36 3. 'The FY 96-97 appropriations subject to the. appropriations limiYis $13,405,762.
Under the power and authority conferred upon this Council by the Charter of. said City
REFERENCE: I he>teby certify the foregoing.Reaolution was introduced and adopted by the Appmov~as to
Council of the City o[ Petaluma at a (Regular) pg1[AeL111xQt')Q14) meeting
on the .....4.tti ............. day of .............N.6u~u]beG-......................, 19..-9G~ by the ~ ~~-7
following vote: _ ................-- ---._~...`.-.........
' City Attorney
AYES: Maguire,.Hamilton, Barlas, Read, Shea, Vice Mayoe Stomps, Mayor Hilligoss
NOES: None
ABSENT: None pp,//
ATTEST: .....~~ .... ........ .lf~~.,E1.S..
City Clerk
CA 1065
r /
Mayor
Cmmdl Pile... -
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Aes No ............................... N.C.S.