HomeMy WebLinkAboutResolution No. 4266 RESOLUTION NO. 4266
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF DOWNEY APPROVING AND ADOPTING THE
ANNUAL APPROPRIATIONS LIMIT FOR FISCAL YEAR
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, Article XIII -B provides that the appropriations limit for the
fiscal year 1983 -84 is calculated by adjusting the appropriations limit for
fiscal 1982 -83 for changes in cost of living or per capita personal income
(whichever is less) and population; and
WHEREAS, the information necessary for making these adjustments is
attached in EXHIBIT I; and
WHEREAS, the City of Downey has complied with all the provisions of
Article XIII -B in determining the appropriations limit for fiscal year 1983 -84.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF DOWNEY DOES RESOLVE AS
FOLLOWS:
SECTION 1. The appropriation limit for 1983 -84 shall be $19,583,433
for the City of Downey.
SECTION 2. The City Clerk shall certify to the passage and adoption of
this Resolution and shall enter the same in the Book of original Resolutions
of said City.
APPROVED AND ADOPTED this 28th day of June 1983.
/ /
Imo'
Robert G. Cormack, Mayor Pro Tem
ATTEST:
,41F
City Clark
I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the
City Council of the City of Downey at a regular meeting thereof held on the
28th day of June, 1983, by the following vote, to wit:
AYES: 4 Council Members: Jackman, Barb, Davila, Cormack
NOES: 0 Council Members:
ABSENT: 1 Council Members: Quinn
, ei
City Clerk
EXHIBIT I
1983 -84 APPROPRIATION LIMIT
1978 -79 Base Year Appropriation Limit $13,389,703
Plus: Change in CPI 1978 -79 - 10.17% 1,361,733
Sub Total 14,751,436
Less: Decrease in Population 1/1/79 - .68% (100,310)
Appropriation Limit 1979 -80 14,651,126
Plus: Change in Per Capita Personal Income 1979 -80 - 12.11% 1,774,251
Sub Total 16,425,377
Less: Decrease in Population 1/1/80 - .58% (95,267)
Appropriation Limit 1980 -81 16,330,110
Plus: Change in Per Capita Personal Income 1980 -81 - 9.12% 1,489,306
Sub Total 17,819,416
Less: Decrease in Population 1/1/81 - .25% (44,549)
Appropriation Limit 1981 -82 17,774,867
Plus: Change in CPI 1981 -82 - 6.79% 1,206,914
Sub Total 18,981,781
Plus: Increase in Population 1/1/82 - .12% 22,778
Appropriation Limit 1982 -83 19,004,559
Plus: Change in Per Capita Personal Income 1982 -83 - 2.35% 446,607
Sub Total 19,451,166
Plus: Increase in Population 1/1/83 - .68% 132,267
Appropriation Limit 1983 -84 $19,583,433