HomeMy WebLinkAbout1997-06-24 - RESOLUTIONS - APPROPRIATIONS LIMIT FY 97-98 (2)RESOLUTION NO. 97-61
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF SANTA CLARITA, CALIFORNIA,
APPROVING AND ADOPTING THE ANNUAL APPROPRIATIONS LIMIT
FOR THE FISCAL YEAR 1997-98
The City Council of the City of Santa Clarita hereby resolves as follows:
SECTION 1: The City Council of the City of Santa Clarita hereby
finds and determines:
A. That the Department of Finance has notified the City of the change in the
California per capita personal income and such change is 4.67% for the prior calendar year.
B. That the City also has the option to use the change in the local
assessment roll due to local nonresidential construction in lieu of the California per capita
personal income change; however, the State nor the County of Los Angeles has this
information at this time.
C. That the Department of Finance has notified the City of the change in
population of the City and the entire Los Angeles County in which the City has the option
to use the greater percentage change, which change is an increase of 1.13% for the City of
Santa Clarita for the prior calendar year.
D. That, pursuant to California Constitution Article XIIIB, Section 1 and
Government Code sections 7900 et sea., and pursuant to the guidelines set forth by
Proposition 111, the City appropriations limit must be adjusted for changes from the base
year of 1986-87 to the fiscal year ending June 30, 1997, by the changes in the California
per capita personal income and in population.
E. That the appropriations limit documentation applicable to this Resolution
has been available for public inspection for fifteen days prior to approval by the City
Council, pursuant to Government Code section 7910.
SECTION 2. That the appropriations limit for the City of Santa Clarita for
fiscal year ending June 30, 1998 is $114,445,938.
Resolution.
SECTION 3. That the City Clerk shall certify to the adoption of this
PASSED, APPROVED AND ADOPTYD this 24th day of June, 1997
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ATTEST:
— �' _0 CLx �a�r
City Clerk
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) §
CITY OF SANTA CLARITA )
I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the
City Council of the City of Santa Clarita, at a regular meeting thereof, held on the 24th day
of June, 1997, by the following vote of the Council:
AYES: COUNCILMEMBERS - D,=rcy, ilAidt, R-ajic,EtiyPr, & yr_h
NOES: COUNCILMEMBERS tknnp
ABSENT: COUNCILMEMBERS None
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Sharon Dawson, City Clerk