HomeMy WebLinkAboutResolution No. 4411 RESOLUTION NO. 4411
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 appro-
priations of the State and local governments; and
WHEREAS, Article XIII -B provides that the appropriations limit for
the fiscal year 1984 -85 is calculated by adjusting the appropriations limit
for fiscal 1983 -84 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
1984 -85.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF DOWNEY DOES RESOLVE
AS FOLLOWS:
SECTION 1. The appropriation limit for 1984 -85 shall be $20,598,106
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 12th day of June, 1984. //
0
/Wt. 0 erari,/,
jirrY Robe Cormack, - yor
A'1'1'EST :
Arl<IAL47
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 thereof held on
-- the 12th day of June, 1984, by the following vote, to wit:
AYES: 3 Council Members: Jackman, Quinn, Cormack
NOES: 0 Council Members: None
ABSENT: 2 Council Members: Barb, Davila
City Clerk
RESOLUTION NO. 4+11 EXHIBIT I
1984 -85 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 - 2.350 446,607
Sub Total 19,451,166
Plus: Increase in Population 1/1/83 - .680 132,267
Appropriation Limit 1983 -84 19,583,433
Plus: Change in CPI 1983 -84 - 4.740 928,254
Sub Total 20,511,687
Plus: Increase in Population 1/1/84 - .42% 86,419
Appropriation Limit 1984 -85 $20,598,106