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HomeMy Public PortalAbout2021.085 - (07-20-21) RESOLUTION NO. 2021.085 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD ESTABLISHING THE APPROPRIATION LIMIT FOR FISCAL YEAR 2021- 22 PURSUANT TO ARTICLE XIIIB OF THE CALIFORNIA CONSTITUTION WHEREAS, Article XIIIB of the California Constitution states that the total annual appropriation subject to limitations of each government entity shall not exceed the appropriation limit of such entity of government, except for prior year adjustments in the cost-of-living or personal income and population, as noted in Article XIIIB and State Statues; and WHEREAS, pursuant to Article XIIIB of the California Constitution, and section 7900 et seq. of the California Government Code, the City of Lynwood is required to set its appropriation limit for each fiscal year by resolution, and approve appropriate inflation and population factors used in calculating the limit; and WHEREAS,the total annual appropriation subject to limitation has been computed in accordance with provisions set forth in Article XIIIB, Government Code Section 7900 et seq. and Proposition 111; and WHEREAS, detailed documentation used in calculating the appropriation limit for FY 2021-22 is available for review on file in the Finance and Administration Department, and a summary is provided in the attached Exhibit "B", which is incorporated as a part of this resolution for reference. • NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF LYNWOOD DOES HEREBY FIND, ORDER, AND RESOLVE AS FOLLOWS: Section 1. That the City reserves the right to adjust or amend the appropriation limit based upon use of alternative growth factors as authorized by Proposition 111 if such changes or revisions would result in an advantageous appropriation limit, now or in the future. Section 2. That the City of Lynwood's Appropriation Limit for FY 2021-22 is $39,955,781 as calculated under Exhibit "B". Section 3. That the growth factors used in calculating the FY 2021-22 Appropriation Limit shall be the percentage change in California per capita income and the percentage change in population in the County of Los Angeles. Section 4. The resolution shall take effect immediately upon its adoption. 1 PASSED, APPROVED AND ADOPTED this 20th day of k y, 2021. / P a -s a 64741- M ; isla Sa ana, ayor . TTEST: 1. _ ArdA /Aiii Maria Quinonez, Ernie H 'ndez, City Clerk City Manager APPROVED AS TO FORM: APPROVED AS TO CONTENT: \ 44.,E Noel Tapia, 49hn Downs, City Attorney irector of Finance & Administrative ervices • 2 STATE OF CALIFORNIA ) ) § COUNTY OF LOS ANGELES ) I, the undersigned, City Clerk of the City of Lynwood, do hereby certify that-the above and foregoing resolution was duly adopted by the City Council of said City at its regular meeting thereof held in the City Hall of the City on the 20th day of July, 2021 and passed by the following vote: AYES: COUNCIL MEMBERS FLORES, SOLACHE, SOTO, MAYOR PRO TEM CASANOVA AND MAYOR SANTANA NOES: NONE ABSTAIN: NONE ABSENT: NONE Q-yid Maria Quinonez, City Clerk STATE OF CALIFORNIA ) ) § COUNTY OF LOS ANGELES ) I, the undersigned City Clerk of the City of Lynwood, and Clerk of the City Council of said City, do hereby certify that the above and foregoing is a full, true and correct copy of Resolution No. 2021.085 on file in my office and that said resolution was adopted on the date and by the vote therein stated. Dated this 20th day of July, 2021. • Maria City Clerk ' 3