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HomeMy Public PortalAbout1999.150 (09-21-99)RESOLUTION NO. 99.150 A RESOLUTION OF THE CITY OF THE CITY OF-LYNWOOD ESTABLISHING AN APPROPRIATION LIMIT FOR FISCAL YEAR.1999-2000 PURSUANT TO THE ARTICLE XIIIB 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 Director of Finance & Administration in accordance with provisions set forth in Article XIIIB, Government, Code .Section 7900 et seq. and Proposition 11 l; 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 1999-2000 shall be $14,372,042. Section 2. That the growth factors used in calculating the F.Y. 1999-2000 Appropriation Limit shall be the percentage change iri 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 21st of September 1999. Rica o Sanchez, MAYOR ATTEST: ~i~~ .~ Andrea`L. Hooper, Ci Clerk APPROVED AS TO FORM: ~ ~~; Cit~'Attorney / STATE OF CALIFORNIA COUNTY OF LOS ANGELES SS. APPROVED AS TO CONTENT: Ralp avis , nterim City Manager A ret F. Earnest , Director of Finance & Administration 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 21st, day of September, 1999. AYES: COUNCILMEN BYRD, REA, REYES, RICHARDS, SANCHEZ NOES: NONE ABSENT: NONE STATE OF CALIFORNIA ) SS. COUNTY OF LOS ANGELES ) C~~~ oS .t-~'.;~...c~J City Clerk, City of Lynwood 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. 99.150 on file in my office and that said resolution was adopted on the date and by the vote therein stated. Dated this 21st day of September, 1999. lam" ~2-~-'~,L7~ /,a ~(~ _ ~~ Ol ~-~c~~,~~/ City Clerk resoluti/resobp