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HomeMy Public PortalAbout96-167 (11-05-96)RESOLUTION NO. 96-1 A RESOLUTION OF THE CITY OF THE CITY OF LYNWOOD ESTABLISHING AN APPROPRIATION LIMIT FOR FISCAL YEAR 1996 -97 PURSUANT TO THE ARTICLE XHIB OF THE CALIFORNIA CONSTITUTION ' WHEREAS, Article XIIIB of the California Constitution provides that the total annual appropriations subject to limitations of each governmental 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 California Constitution, 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 limit; and WHEREAS, total annual appropriation subject to limitation has been computed by the Asst. City Manager/Director of Finance in accordance with provisions set forth in Article XIIIB, Government Code Section 7900 et seq. and Proposition 111; and WHEREAS, documentation used in calculating limit has been made available for public review in the City Clerk's Office prior to the Public Hearing. NOW, THEREFORE, the City Council of the City of Lynwood does hereby find, determine, and resolve as follows: Section 1 . That the City of Lynwood's Appropriation Limit for Fiscal Year 1996 -97 shall be $13,001,457. Section 2. That the growth factors used in calculating the F.Y. 1996 -97 Appropriation Limit shall be the percentage change in California per capita income and the percentage change in population in the City of Lynwood. Section 3 . That resolution shall take effect immediately upon its adoption. PASSED, APPROVED, and ADOPTED this 5th day of November 1996. PAUL H. RICHARDS, H, MAYOR ATTEST: 9 ,4, f!f , g tl Andrea L. Hooper, City C erk APPROVED AS TO FORM: vu-u-, g. gjak City Attorney STATE OF CALIFORNIA COUNTY OF LOS ANGELES ) APPROVED AS TO CONTENT: Fa in Gonza , City Ma er fret a F. Earnest, Asst. City Manager/ Director of Finance I, the undersigned, City Clerk of the City of Lynwood, do hereby certify that the above and forgoing resoluton was duly adopted by the City Council of said City at a regular meeting thereof helod in the City Hall of the City on the day November 5, 1996, and passed by the following vote: AYNES: Council Member Heine, Henning, Rea, Richards NOES: None ABSENT: Council Member Byrd a:l �� City Clerk, City of Lynwood STATE OF CALIFORNIA ) 1 COUNTY OF LOS ANGELES ) I, the undersigned , City Clerk of the Lynwood, and Clerk of the City Council of said City, do hereby certify that the above and foregoing is a full, true and currect copy of Resolution No. 96 -167 on file in my office and that saidresolution was adopted on the date and by the vote therein stated. Dated this 5th day of Novembe-,1996 gam- City Clerk