HomeMy WebLinkAboutRES CC 1989 594B 1989 0802RESOLUTION No. R9 -594 -B
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF MOORPARK, CALIFORNIA, ESTABLISHING
THE CITY'S APPROPRIATION LIMIT FOR THE
1989/90 FISCAL YEAR AND ESTABLISHING A
GANN FUND
WHEREAS, Article XIII B of the State Constitution limits the annual
appropriations of state and local governments; and
WHEREAS, Government Code Section 7910 requires that a governmental
entity establish its annual appropriation limit pursuant to Article XIII B
by resolution at a regularly scheduled or noticed special meeting; and
WHEREAS, as a newly incorporated city, the City of Moorpark's
initial appropriation limit was determined to be $900,000 for the 1983/84
Fiscal Year; and
WHEREAS, the appropriation limit for subsequent fiscal years were
calculated to be as follows:
1984/85
$1,083,776
1985/86
$1,320,501
1986/87
$1,523,379
1987/88
$1,751,146
1988/89
$2,337,201
WHEREAS, the appropriations limit is allowed to increase by 10.33%
for the population change in the City and by 4.98% for the price factor
and is calculated at $2,707,050 for 1.989/90; and
WHEREAS, on June 7, 1988, the voters approved Measure C which
increases the City's Appropriation Limit for the four year period of
1986/87 through 1989/90 by the amount of the proceeds to taxes collected
in excess of said Limit for each year of the aforementioned four year
period as provided for in Article XI1I 13 of the State Constitution.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA
DOES RESOLVE to hereby establish the Appropriations Limit for the City of
Moorpark for Fiscal Year 1989/90 a-, the total amount of the proceeds of
taxes collected in 1989/90;
AND, DOES FURTHER RESOLVE to hereby create a Gann Fund, to place in
said Fund the amount of proceeds of taxes collected in 1989/90 that is in
excess of $2,707,050, that all funds in excess of $2,707,050 are
appropriated in 1989/90 for purposes of complying with Article XIII B of
the State Constitution; to also place in the Gann Fund the excess proceeds
of taxes collected in the 1986/87, 1987/88 and 1988/89 Fiscal Years and
all such funds are appropriated in (;ompliance with Article XIII B of the
State Constitution and to expend all funds placed in the Gann Fund
consistent with Measure C.
Resolution No. 89- 594
Page 2
PASSED AND ADOPTED this 2nd day of August, 1989.
a - I,C- .,ftt t(
Eloise Brown, Mayor
ATTEST:
897274.res
MOORPARK
ELOISE BROWN
Mayor
BERNARDO M. PEREZ
Mayor Pro Tom
CLINT HARPER, Ph. D.
Councilmember
PAUL LAWRASON
Councilmember
SCOTT MONTGOMERY
Councilmember
RICHARD T. HARE
City Treasurer
STATE OF CALIFORNIA )
COUNTY OF VENTURA )
CITY OF MOORPARK )
SS.
STEVEN KUENY
City Manager
CHERYL J. KANE
City Attorney
PATRICK RICHARDS, A.I.C.P.
Director of
Community Development
R. DENNIS DELZEIT
City Engineer
JOHN V. GILLESPIE
Chief of Police
I, Lillian E. Kellerman, City Clerk of the City of Moorpark,
California, do hereby certify under penalty of perjury that the
foregoing Resolution No. 594 -B was adopted by the City Council of
the City of Moorpark at a. meeting held on the 2nd day of
August , 1989, and that the same was adopted by the
following vote:
AYES:Councilmembers Lawrason, Montgomery, Perez & Mayor Brown.
NOES:None
ABSENT:Councilmember Harper
ABSTAIN:None
WITNESS my hand and the official seal of said City this 3rd day of
August 5 1989.
Lillian E. Kellerman
City Clerk
(Seal)
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