HomeMy WebLinkAbout2002-06-25 - RESOLUTIONS - APPROPRIATIONS LIMIT (2)RESOLUTION NO. 02-97
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SANTA CLARITA, CALIFORNIA, APPROVING AND ADOPTING
THE ANNUAL APPROPRIATIONS LIMIT FOR
THE FISCAL YEAR 2002-03
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 1.27% 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 2.93% 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 seq., 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, 2003, 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, 2003 is $169,914,347.
SECTION 3. That the City Clerk shall certify to the adoption of this Resolution.
PASSED, APPROVED AND ADOPTED this 25th day of June, 2002.
MAYOR
ATTEST:
CITY CLERK
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) as.
CITY OF SANTA CLARITA )
I, Sharon L. Dawson, CMC, City Clerk of the City of Santa Clarity do 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 25th day of June, 2002, by the following vote:
AYES: COUNCILMEMBERS: Smyth, Weste, McLean, Kellar, Ferry
NOES: COUNCILMEMBERS: None
ABSENT: COUNCILMEMBERS: None
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CITY CLERK