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HomeMy WebLinkAboutRES CC 2016 3518 2016 0615 RESOLUTION NO. 2016-3518 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, ESTABLISHING THE CITY'S APPROPRIATION LIMITATION FOR FISCAL YEAR 2016/2017 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 2016/2017 appropriations limitation has been calculated in accordance with the State Constitution and applicable sections of the Government Code by adjusting the Fiscal Year 2015/2016 appropriations limit of $33,297,504 by the percentage change in the City of Moorpark's population of 1.81% and the percentage change of cost-of-living factor based on the per capita personal income of 5.37% as determined 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 2016/2017 is hereby determined to be $35,720,629. 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 15th day of June, 2016. 0. , ice S. Pa 'in, Mayor ATTEST: ;;`\\ yam.-.___ r,/ —',: Maureen Benson, City Clerk Nev., rep dVy4 Resolution No. 2016-3518 Page 2 STATE OF CALIFORNIA ) COUNTY OF VENTURA ) ss. CITY OF MOORPARK ) I, Maureen Benson, City Clerk of the City of Moorpark, California, do hereby certify under penalty of perjury that the foregoing Resolution No. 2016-3518 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 15th day of June, 2016, and that the same was adopted by the following vote: AYES: Councilmembers Mikos, Millhouse, Pollock, Van Dam, and Mayor Parvin NOES: None ABSENT: None ABSTAIN: None WITNESS my hand and the official seal of said City this 22nd day of June, 2016. Maureen Benson, City Clerk (seal) -4 Q a ..-r�i,.' v A