98-030 - Appopriations Limit of the City of Santa Ana for Fiscal Year 1998-99

Home Browse Search

RESOLUTION NO. ~ m-n 3 0 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA ESTABLISI-ffNG THE APPROPRIATIONS LIMIT OF THE CITY OF SANTA ANA FOR FISCAL YEAR 1998-99. WHEREAS, Article XIIIB of the Constitution of the State of California imposes upon units of State and local government the obligation to limit each fiscal year's appropriations in fiscal year 1978-79 as adjusted for inflation and population; and WHEREAS, the provisions of Proposition I 11 and SB88 (Chapter 60/90) implemented revised annual adjustment factors to be applied to the 1986-87 limit and each year in between in order to calculate the 1998-99 limit; and WHEREAS, the City of Santa Arm has opted to use as the inflation adjustment factor, the percentage change in the California per capita personal income; and WHEREAS, the City of Santa Arm has opted to use as the population adjustment factor, the County's own population growth; and WHEREAS, Division 9 of Title I of the Government Code of the State of California, as enacted by 1980 Statutes, Chapter 1205, effective January I, 1981, directs the governing body of each local jurisdiction each year; and WHEREAS, the Executive Director, Finance and Management Services of the City of Santa Arm has determined the City's appropriation limit for fiscal year 1998-99 in accordance with the said provisions of the Constitution and laws of the State of California and the documentation used in said determination has been available to the public since June 18, 1998 in the office of the Executive Director, Finance & Management Services; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Santa Aha that, based upon the above said documentation, the appropriation limit of the City of Santa Ama for fiscal year 1998-99 is hereby found and determined to be $457,180,457.