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HomeMy WebLinkAbout2015-06-23 - RESOLUTIONS - ANNUAL APPROPRIATIONS LIMIT (2)' RESOLUTION NO. 15-43 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA CLARITA, CALIFORNIA, APPROVING AND ADOPTING THE ANNUAL APPROPRIATIONS LIMIT FOR THE FISCAL YEAR 2015-2016 The City Council of the City of Santa Clarita hereby resolves as follows: SECTION 1. The City Council of the City of Santa Clarita (City) hereby finds and determines: A. That the State of California Department of Finance has notified the City of the change in the California per capita personal income and such change is 3.82 percent from 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, neither the State nor the County of Los Angeles has this information at this time. I C. That the State of California 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 1.91percent for the City of Santa Clarita from 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, 2016, 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 15 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, 2016, is $336,642,584. SECTION 3. That the City Clerk shall certify to the adoption of this Resolution. PASSED, APPROVED, AND ADOPTED this 23rd day of June 2015. DATE: STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) ss. CITY OF SANTA CLARITA ) I, Kevin Tonoian, 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 23rd day of June 2015, by the following vote: AYES: COUNCILMEMBERS: Kellar, Boydston, Weste, Acosta, McLean NOES: COUNCILMEMBERS: None ABSENT: COUNCILMEMBERS: None t CITY(Ltf