HomeMy WebLinkAboutRES CC 1993 953 1993 0630RESOLUTION NO. 93 -_953
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK,
CALIFORNIA, CORRECTING THE CITY'S APPROPRIATION LIMIT AND
ESTABLISHING THE APPROPRIATION LIMIT FOR 1993/1994 FISCAL YEAR
WHEREAS, Article XIII B of the State Constitution limits annual
appropriations of state and local governments; and
WHEREAS, Governement Code Section 7910 requires that a city
establish its annual appropriation limit by resolution at a
regularly scheduled or noticed special meeting; and
WHEREAS, the City reviewed the Local Agency Formation Commission
original incorporation study and found the initial appropriation
limit was based on erroneous assumptions of revenues, and
WHEREAS, the City has held a public hearing to gather informaiton
and testimony regarding the correction of the appropriation
limit, and
WHEREAS, after due consideration of the testimony and the facts
presented,
NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK
CALIFORNIA, DOES RESOLVE, DECLARE, AND ORDER:
Section 1. The appropriation limit for fiscal year
1983/1984 is corrected based upon the actual revenues of the City
and is hereby established as $2,400,000.
Section 2. The appropriation limit for subsequent years is
corrected according to the procedure outlined by the State
Department of Finance, considering changes in the county's
population and the price factor are as follows.
1983/84
$2,400,000
1988/89
$6,230,099
1984/85
$2,890,070
.1989/90
$7,215,977
1985/86
$3,521,337
1990/91
$7,838,607
1986/87
$4,060,757
191)1/92
$8,377,816
1987/88
$4,667,898
1992/93
$8,436,575
Section 3. The appropriation limit for fiscal year
is $8,803,840 based upon the adjustment of the prior year
appropriation limit of 1.59% for population change in the
and 2.72% for the price factor change as provided by the
Department of Finance.
PASSED AND ADOPTED THIS 30TH DAY OF JUNE, 1993.
1993/94
County
State
l
/Z i m Y-.-A
Paul W. T,dwrason Jtrl. , Mayor
ATTEST:
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Oar � o
MOORPARK
799 Moorpark Avenue Moorpark, California 93021 (805) 529 -6864
STATE OF CALIFORNIA )
COUNTY OF VENTURA ) ss.
CITY OF MOORPARK j
I, Lillian E. Hare, City Clerk of the City of Moorpark,
California, do hereby certify under penalty of perjury that
the foregoing Resolution No. 43 -953 __ was adopted by the
City Council of the City of Moorpark at a meeting held on
the 30th day of JUNE _ __ , 1993, and that the same
was adopted by the following Note:
AYES: COUNCILMEMBERS HUNTER, MONTGOMERY, PEREZ, WOZNIAK AND MAYOR LAWRASON
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
this
PAUL W. LAWRASON JR
Mayor
WITNESS my hand and the official seal of said City
1st day of _�iUL'!- _ - - - -. —_ 1993 .
4 �
Lillian E. Hare
City Clerk
SCOTT MONTGOMERY PATRICK. HUNTER BERNARDO M. PEREZ .;OHN E WOZNIAK
Maya Pro Tem Counalmemocr Counalmember Couna;memoer