HomeMy WebLinkAbout2003-06-24 - RESOLUTIONS - APPROPRIATIONS LIMIT FY03/04 (2)'— RESOLUTION NO. 03-82
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SANTA CLARITA, CALIFORNIA, APPROVING AND ADOPTING THE
ANNUAL APPROPRIATIONS LIMIT FOR THE FISCAL YEAR 2003-2004
The City Council of the City of Santa Clarita hereby resolves as follows:
SECTION l: 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 ir-t the California
per capita personal income and such change is 2.31 % 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 2.99% 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, 2004, 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, 2004 is $179,037,166.
SECTION 3. That the City Clerk shall certify to the adoption of this Resolution.
PASSED, APPROVED AND ADOPTED this 24th day of June, 2003.
ATTEST:
CITY CLERK.
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES
CITY OF SANTA CLARITA )
I, Sharon L. Dawson, CMC, City Clerk of the City of Santa Clarita, 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 24th day of June, 2003, by the following vote:
AYES: COUNCILMEMBERS: Ferry, McLean, Kellar, Weste, Smyth
NOES: COUNCILMEMBERS: None
ABSENT: COUNCILMEMBERS: None
CITY CLERK