HomeMy WebLinkAboutRES CC 2018 3720 2018 0620 RESOLUTION NO. 2018-3720
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
MOORPARK, CALIFORNIA, ESTABLISHING THE CITY'S
APPROPRIATION LIMITATION FOR FISCAL YEAR
2018/2019
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 2018/2019 appropriations limitation has been
calculated in accordance with the State Constitution and applicable sections of the
Government Code by adjusting the Fiscal Year 2017/2018 appropriations limit of
$37,342,438 by the percentage change in the City of Moorpark's population of 0.98%
and the percentage change of cost-of-living factor based on the per capita personal
income of 3.67% 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 2018/2019 is hereby determined to be $39,092,292.
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 20th day of June, 2018.
ce S. Parvin, Mayor
ATTEST: c9 A
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Maureen Benson, City Clerk 0a� vg
Resolution No. 2018-3720
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. 2018-3720 was
adopted by the City Council of the City of Moorpark at a regular meeting held on the
20th day of June, 2018, and that the same was adopted by the following vote:
AYES: Councilmembers Mikos, Pollock, Simons, Van Dam, and Mayor Parvin
NOES: None
ABSENT: None
ABSTAIN: None
WITNESS my hand and the official seal of said City this 28th day of June, 2018.
Maureen Benson, City Clerk
(seal)
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