HomeMy Public PortalAbout97-162 (09-16-97)RESOLUTION NO. 97-162
A RESOLUTION OF THE CITY OF THE CITY OF LYNWOOD
ESTABLISHING AN APPROPRIATION LIMIT FOR FISCAL
YEAR 1997-98 PURSUANT TO THE ARTICLE XIIIB OF THE
CALIFOIiNIA 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 yeaz adjustrnents in the cost-of-
living or personal income and population, as noted in Article XIIIB and StateS~atutesand
WHEREAS, pursuant to Article XIIIB of California Constitution, section 7900 et seq. of
the Califomia Government Code, the City of Lynwood is required to set its.appropriation limit
for each fiscal yeaz 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 of Administrative Services/Director of Finance in accordance with
provisions set forth in Article XIIIB, Govemment 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 Ciry of Lynwood does hereby find,
determine, and resolve as follows:
Section 1. That the City of Lynwood's Appropriation Limit for Fiscal Yeaz 1997-98
shall be $14,372,042.
Section 2. That the growth factors used in calculating the F.Y. 1997-98 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. T'hat resolution shall take effect immediately upon its adoption.
PASSED, APPROVED, and ADOPTED this 16`" day of Sentember 1997.
~
ATTEST:
CSy~~z.~. ,
Andrea L. Hooper, City Cler
~
~_
PAUL H. RICHARDS, II, MAYOR
APPROVED AS TO FORM:
1~I~ll~.,» 3. I?..~.a.
City Attorney
STATE OF CALIFOIiNIA
COUNTY OF LOS ANGELES
)
) SS.
)
APPROVED AS TO CONTENT:
~ -
Fausti Go le ~ ty a r
~~
Ifr ta F. Earnest, Asst. •City Manager/
D~rector of Finance
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 the City of
Lynwood at a regular meeting held in the City Hall, of said City of the 16th day of
September, 1997, and passed by the following vote:
AYES: COUNCILMEMBER BYRD, HENNING, REA, RICHARDS
NOES: NONE
ABSENT: NONE
C~~" v~-"ic~c~oc_. d\ ~ ~~F~d-0t-R-C'~
City Clerk, City of Lynwood
STATE OF CALIFORNIA )
) SS.
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. 97-162, on file in my office and that said resolution was
adopted on the date and by the vote therein stated.
Dated this 16th day of September, 1997.
~~ ~~ ~~
City Clerk