HomeMy WebLinkAboutResolution No. 11-7277
RESOLUTION NO. 11-7277
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY
APPROVING AND ADOPTING THE ANNUAL APPROPRIATIONS LIMIT FOR
FISCAL YEAR 2011-2012.
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 111, 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 2011-
12 is calculated by adjusting the appropriations limit for fiscal year 2010-11 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
California’s per capita personal income and the percentage change in population of the County
of Los Angeles to calculate the appropriations limit for fiscal year 2011-12; 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 2011-12
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF DOWNEY DOES
RESOLVE, AS FOLLOWS:
SECTION 1.
The appropriation limit for 2011-12 shall be $122,202,040 for the City of
Downey as calculated in Exhibit 1.
SECTION 2.
The appropriations subject to the limit contained in the 2011-12 Budget are
$45,235,906.
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.
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RESOLUTION NO. 11-7277
PAGE TWO
APPROVED AND ADOPTED
this 28th day of June, 2011.
LUIS H. MARQUEZ
LUIS H. MARQUEZ, Mayor
ATTEST:
JOYCE E. DOYLE, Interim City Clerk
I HEREBY CERTIFY
that the foregoing Resolution was duly adopted by the City Council
of the City of Downey at a regular meeting hereof, held on the 28th day of June, 2011, by the
following vote, to wit:
AYES: Council Members: Brossmer, Gafin, Guerra, Vasquez, Mayor Marquez
NOES: Council Member: None
ABSTAINED: Council Member: None
ABSENT: Council Member: None
JOYCE E. DOYLE
JOYCE E. DOYLE, Interim City Clerk
RESOLUTION NO. 11-7277
PAGE THREE
Exhibit 1
Calculation 2011-2012 Appropriations Limit
2010-2011 Appropriations Limit $118,758,056
Cost of Living Factor based on percentage change in per 2.51%
capita personal income in California
Population Factor based on percentage change in the 0.38%
population of the County of Los Angeles
Combined Factor 1.029
2011-2012 Appropriations Limit $122,202,040