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HomeMy WebLinkAboutRES CC 2019 3822 2019 0619 RESOLUTION NO. 2019-3822 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, ESTABLISHING THE CITY'S APPROPRIATION LIMITATION FOR FISCAL YEAR 2019/2020 WHEREAS, Article XIII B of the State Constitution limits annual appropriations from proceeds of tax revenues for state and local governments; and WHEREAS, Government Code Section 7910 requires that a city establish its annual appropriations limitation by resolution at a public meeting of the legislative body; and WHEREAS, the Fiscal Year 2019/2020 appropriations limitation has been calculated in accordance with the State Constitution and applicable sections of the Government Code by adjusting the Fiscal Year 2018/2019 appropriations limit of $39,092,292 by the percentage change in the City of Moorpark's population of 0.52% and the percentage change of cost-of-living factor based on the per capita personal income of 3.85% as determined by the State of California, Department of Finance. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. The appropriations limitation for the City of Moorpark for Fiscal Year 2019/2020 is hereby determined to be $40,808,451. SECTION 2. The City Clerk shall certify to the adoption of this resolution and shall cause a certified resolution to be filed in the book of original Resolutions. PASSED AND ADOPTED this 19th day of June, 2019. / r. �iA2'( Nh Ja►ice S. Parvin, Mayor ATTEST: 4��A09 5h2"V K SP gleCity 9e?s��lla 1C ‘4.4tir 0/ n r JV�� Resolution No. 2019-3822 Page 2 STATE OF CALIFORNIA ) COUNTY OF VENTURA ) ss. CITY OF MOORPARK ) I, Ky Spangler, City Clerk of the City of Moorpark, California, do hereby certify under penalty of perjury that the foregoing Resolution No. 2019-3822 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 19th day of June, 2019, and that the same was adopted by the following vote: AYES: Councilmembers Enegren, Mikos, Pollock, Simons, and Mayor Parvin NOES: None ABSENT: None ABSTAIN: None WITNESS my hand and the official seal of said City this 19th day of June, 2019. 5'ffl7K Ky Sp gler, City Clerk (seal) o44w.° ��q It-t- iikz: .....A.. "Iii 404 4 4