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HomeMy WebLinkAboutRES CC 2014 3303 2014 0618 RESOLUTION NO. 2014-3303 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, ESTABLISHING THE CITY'S APPROPRIATION LIMITATION FOR FISCAL YEAR 2014/2015 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 2014/2015 appropriations limitation has been calculated in accordance with the State Constitution and applicable sections of the Government Code by adjusting the Fiscal Year 2013/2014 appropriations limit of $29,619,442 by the percentage change in the County of Ventura's population of 0.79%, as determined by the State of California, Department of Finance; and the percentage change of non-residential valuation due to new construction of 5.72% 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 2014/2015 is hereby determined to be $31,561,052. 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 18th day of June, 2014. c,uJ ,/ s d Cv�U"�� J S. Parvin, Mayor ATTEST: PK" ��\ P Maureen Benson, City Clerk ,`, ai`�. O'9ATED Resolution No. 2014-3303 Page 2 STATE OF CALIFORNIA COUNTY OF VENTURA } ss. CITY OF MOORPARK } 1, Maureen Benson, City Clerk of the City of Moorpark, California, do hereby certify under penalty of perjury that the foregoing Resolution No. 2014-3303 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 18th day of June, 2014, 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 27th day of June, 2014. Maureen Benson, City Clerk (seal) ,;;ffilremrdAk;,, 74Lirg011141"C01 \�O �J