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HomeMy WebLinkAboutRES CC 2010 2927 2010 0616RESOLUTION NO. 2010 -2927 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, ESTABLISHING THE CITY'S APPROPRIATION LIMITATION FOR FISCAL YEAR 2010/2011 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 2010/2011 appropriations limitation has been calculated in accordance with the State Constitution and applicable sections of the Government Code by adjusting its Fiscal Year 2009/2010 appropriations limit of $26,198,908 by the percentage change in the City of Moorpark's population of 1.42 %, as determined by the State of California, Department of Finance and the percentage change of cost -of- living factor per capita personal income of -2.54% as provided by the State of 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 for Fiscal Year 2010/2011 is hereby determined to be $25,896,031. 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 16th day of June, 2010. ATTEST: Maureen Benson, Assistant City Clerk Ja ce S. Parvin, Mayor Resolution No. 2010 -2927 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. 2010 -2927 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 16th day of June, 2010, 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 7th day of July, 2010. Maureen Benson, Assistant City Clerk (seal)