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HomeMy WebLinkAboutRES CC 2009 2829 2009 0617RESOLUTION NO. 2009 -2829 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, ESTABLISHING THE CITY'S APPROPRIATION LIMITATION FOR FISCAL YEAR 2009/2010 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 200912010 appropriations limitation has been calculated in accordance with the State Constitution and applicable sections of the Government Code by adjusting its Fiscal Year 2008/2009 appropriations limit of $22,189,171 by the percentage change in the City of Moorpark's population of 1.27 %, as determined by the State of California, Department of Finance and the percentage change of local assessment valuation in non - residential new construction of 16.59% as provided by the City's property tax consultants, HDL Coren & Cone. 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 2009/2010 is hereby determined to be $26,198,908. 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 17th day of June, 2009. ATTEST: Maureen Benson, Assistant City Clerk Uahice S. Parvin, Mayor Resolution No. 2009 -2829 Page 2 STATE OF CALIFORNIA ) COUNTY OF VENTURA ) ss. CITY OF MOORPARK ) I, Maureen Benson, Assistant City Clerk of the City of Moorpark, California, do hereby certify under penalty of perjury that the foregoing Resolution No. 2009 -2829 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 17th day of June, 2009, and that the same was adopted by the following vote: AYES: Councilmembers Mikos, Pollock, Van Dam, and Mayor Parvin NOES: None ABSENT: Councilmember Millhouse ABSTAIN: None WITNESS my hand and the official seal of said City this 1st day of July, 2009. Maureen Benson, Assistant City Clerk (seal)