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HomeMy Public PortalAbout2022.096 (06-21-22) RESOLUTION NO. 2022.096 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD ESTABLISHING THE APPROPRIATION LIMIT FOR FISCAL YEAR 2022- 23 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 2022-23 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 2022-23 is $42,667,338 as calculated under Exhibit "B". Section 3. That the growth factors used in calculating the FY 2022-23 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 21st day of June, 2022. Jorge a ova Mayor ATTEST: Maria Quinonez Ernie Fer andez City Clerk City Miandger APPROVED AS TO FORM: APPROVED AS TO CONTENT: Noel Tapia Ha ong City Attorney Director of Finance &Administration 2 STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) I, Maria Quinonez, 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 meeting held on the 21stday of June, 2022. AYES: COUNCIL MEMBERS FLORES, SANTANA, SOTO, MAYOR PRO TEM SOLACHE AND MAYOR CASANOVA NOES: NONE ABSTAIN: NONE ABSENT: NONE J aria Quinonez, City Clerk STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) I, Maria Quinonez, the undersigned, City Clerk of the City of Lynwood, and the Clerk of the City Council of said City, do hereby certify that the above foregoing is a full, true and correct copy of Resolution No. 2022.0096 on file in my office and that said Resolution was adopted on the date and by the vote therein stated. Dated this 21stday of June, 2022. aria Quinonez, City Clerk 3