HomeMy WebLinkAboutRES CC 1991 769 1991 0619RESOLUTION NO. 91 - 169
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF MOORPARK, CALIFORNIA, ESTABLISHING
THE CITY'S APPROPRIATION LIMIT FOR THE 1991/92
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
1989/90 2,707,050
1990/91 2,940,628
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
of taxes collected in excess of said Limit for each year of the
aforementioned four year period as provided for in Article XIII
B of the State Constitution; and
WHEREAS, the 1990/91 appropriation limit was $2,940,628
based on a population growth of 4.24% and a price factor change
growth of 4.21 %; and
WHEREAS, the appropriations limit is allowed to increase by
2.63% for the population change in the City and by 4.14% for the
price factor and is calculated at $3,142,910 for 1991/92; and
NOW, '- HEREFORE, 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 1991/92 as
$3,142,910.
PASSED AND ADOPTED this
ATTEST:
Lillian Kellerman, City C
City of Moorpark, CA
RES:GANNFL"ND
19t II day of JUNE. , 1991.
i
Paul W. Law son Jr.
Mayor
MOORPARK
799 Moorpark Avenue Moorpark C;ihfo�rnta 93021 (805) 529 -6864
STATE OF CALIFORNIA )
COUNTY OF VENTURA
CITY OF MOORPARK )
I, Lillian E. Kellerman, City Clerk of the City of Moorpark,
California, do hereby certify under penalty of perjury that
the foregoing Resolution No. 91 -769 __ was adopted by the
City Council of the City of Moorpark at a meeting held on
the 19th day of JUNE _. 1991, and that the same
was adopted by the following vote:
AYES: COUNCILMEMBERS MONTGOMERY, PEREZ, TALI -EY, WOZNIAK AND MAYOR LAWRASON
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
WITNESS my hand and the official seal of said City
this 20th day of JUNE 1991.
Lillian E. Kellerman
City Clerk
PAUL W LAY:RASO N !R BERNARDO M PFRLZ 5_ JT T MONTGOMI RY HC)Y L TALLFY JA JOHN F YVOZNLS•
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