HomeMy WebLinkAboutResolution No. 10-7201 - Adopting Annual Appropriations Limit for FY 2010-11RESOLUTION NO. 10-7201
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A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY
APPROVING AND ADOPTING THE ANNUAL APPROPRIATIONS LIMIT FOR
FISCAL YEAR 2010-201 1.
WHEREAS. the voters of California on November 6, 1979 added Article XIII-B to the
State Constitution placing various limitations on the appropriations of the State and local
governments; and
WHEREAS, Proposition 1 11, which modifies the appropriations limit, was passed on the
June 5, 1990 ballot; and
WHEREAS, Article XIII-B provides that the appropriations limit for the fiscal year 2010-
11 is calculated by adjusting the appropriations limit for fiscal year 2009-10 for the percentage
changes in California’s per capita personal income or City’s total assessed valuation due to new
non-residential construction; and the percentage changes in the County’s or City’s population;
and
WHEREAS, the factors may be selected by annual elections of the City Council; and
WHEREAS, the City Council of the City of Downey elects the percentage change in
City’s total assessed valuation due to new non-residential construction and the percentage
change in population of the County of Los Angeles to calculate the appropriations limit for fiscal
year 2010-11; and
WHEREAS, the information necessary for making these adjustments is attached in
Exhibit 1; and
WHEREAS, the City of Downey has complied with all of the provisions of Article XIII-B in
determining the appropriations limit for fiscal year 2010-1 1.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF DOWNEY DOES
RESOLVE, AS FOLLOWS:
SECTION 1. The appropriation limit for 2010-1 1 shall be $118,758,056 for the City of
Downey as calculated in Exhibit 1.
SECTION 2. The appropriations subject to the limit contained in the 2010-11 Budget are
$45,809,852.
SECTION 3. The City Clerk shall certify to the passage and adoption of this Resolution
and shall enter same in the book of original Resolutions of said City.
APPROVED AND ADOPTED this 22-d day of June, 20D.
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ATTEST:
KATHLEEN L. M}DSTOKKE, City Clerk
RESOLUTION NO. 10-7201
PAGE TWO
I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the City Council
of the City of Downey at a regular meeting held on the 22-d day of June, 2010, by the following
vote, to wit:
AYES:
NOES:
ABSTAINED:
ABSENT:
Council Members: Brossmer, Gafin, Guerra, Marquez, Mayor Bayer
Council Member: None
Council Member: None
Council Member: None
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KATHLEEN L. MIDSTOKKE, City Clerk
RESOLUTION NO. 10-7201
PAGE THREE
EXHIBIT 1
Calculation 2010-2011 Appropriations Limit
2009-2010 Appropriations Limit $105,637,837
Price Factor based on percentage change in total assessed
valuation due to non-residential new construction in the City
11 .49%
Population Factor based on percentage change in the
population of the County of Los Angeles
0.83%
Combined Factor 1.1242
$118,758,0562010-2011 Appropriations Limit