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HomeMy WebLinkAboutRES CC 2007 2606 2007 0620RESOLUTION NO. 2007 -2606 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, ESTABLISHING THE CITY'S APPROPRIATION LIMITATION FOR FISCAL YEAR 2007/2008 WHEREAS, Article XIII B of the State Constitution limits annual appropriations for certain General Fund 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 2007/2008 appropriations limitation has been calculated in accordance with the State Constitution and applicable sections of the Government Code by adjusting its Fiscal Year 2006/2007 appropriations limit of $19,700,584 by a cost index change of 4.42% and a population change of 1.05% as determined by the 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 during Fiscal Year 2007/2008 is hereby determined to be $20,788,056. SECTION 2. The City Clerk sW certify to he adoption of is resolution and shall cause a certified resolution to b iled in the boo of origipal Res lutions. PASSED AND ADOPTED this 20th day of Jury! ATTEST: zw Deborah S. Traffenstedt, City erk i Resolution No. 2007 -2606 Page 2 STATE OF CALIFORNIA ) COUNTY OF VENTURA ) ss. CITY OF MOORPARK ) I, Deborah S. Traffenstedt, City Clerk of the City of Moorpark, California, do hereby certify under penalty of perjury that the foregoing Resolution No. 2007 -2606 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 20th day of June, 2007, and that the same was adopted by the following vote: AYES: Councilmembers Mikos, Millhouse, Parvin, Van Dam, and Mayor Hunter NOES: None ABSENT: None ABSTAIN: None WITNESS my hand and the official seal of said City this 6th day of July, 2007. � 1 Deborah S. Traffenstedt, City erk (seal)