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HomeMy Public PortalAbout82-124 (08-03-82)RESOLUTION NO. 82 -124 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD APPROVING THE ANNUAL APPROPRIATIONS LIMIT FOR THE FISCAL YEAR 1982 -1983. WHEREAS, the voters of California, on November 6, 1979, added Article XIII B to the State Constitution placing various limitations on the appropriations of the State and local governments; and, WHEREAS, Article XIII B provides that the appropriations limit for the fiscal year 1982 -1983 is calculated by adjusting the base year appropriations of fiscal year 1978 -1979 for changes in the cost of living and population; and WHEREAS, the information necessary for making these adjustments is attached in "Exhibit "A''';*arid WHEREAS, the City of Lynwood has complied with all the provisions of Article XIII B in determining the appropriations limit for fiscal year 1982 -1983, NOW, THEREFORE, be it resolved that the appropriations subject to limitation in fiscal year 1982 -1983 for the City of Lynwood shall be $5,871,706. PASSED, APPROVED AND ADOPTED this 3rd day of August , 1982. v / LOUIS A. THOMPSO , M or City of Lynwood ATTEST' a " e/�� ANDREA L. HOOPER, City Clerk APPRO ED AS TO FORM: DA ID R. MC EWEN City Attorney APPROVED AS TO CONTENT: &4g. _ 41 BARBARA FIKEL Accounting Manager CITY OF LYNWOOD DETERMINATION OF APPROPRIATION LIMIT FISCAL YEAR 1981 -1982 AND 1982 -1983 Base 1978 -79 Appropriation Limit $3,965,890 C.P.I. increase 1 79 -80 7.7 % 305,374 4,271,264 Population increase '77 -78 .5� % 21,356 Base 1979 -80 Appropriation Limit 4,292,620 C.P.I. increase 1 80 -81 11.3 % 485,066 4,777,686 Population increase '78 -79 .12% 5,733 Base 1980 -81 Appropriation Limit 4,783,419 C.P.I. increase 1 81 -82 9.12% 436,248 5,219,667 Population increase- '79 -80 2.61% 136,233 Base 1981 -82 Appropriation Limit 5,355,900 C.P.I. increase '82 -83 6.79% 363,666 5,719,566 Population increase '80 -81 2.66% 152,140 Base 1982 -83 Appropriation Limit 5,871,706 EXHIBIT "A" STATE OF CALIFORNIA ) ) ss. COUNTY OF LOS ANGELES ) I, the undersigned, City Clerk of the City of Lynwood, do hereby certify that the foregoing resolution was passed and adopted by the City Council of the City of Lynwood at a regular meeting held on the 3rd day of August , 1982. AYES: Byork, Green, Morris, Rowe, Thompson NOES: None ABSENT: None d�� of xzo —� City Clerk, City of Lynwood