HomeMy WebLinkAboutRES 22-7322 (ANNUAL APPROPRIATIONS LIMIT Page 1 of 2 22-7322
CITY OF HERMOSA BEACH RESOLUTION NO. 22-7322 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HERMOSA BEACH, CALIFORNIA, APPROVING AND ADOPTING THE ANNUAL
APPROPRIATIONS LIMIT FOR THE FISCAL YEAR 2022–2023 WHEREAS, the voters of California, on November 6, 1979, added Article XIII
B to the State Constitution, placing various limitations on appropriations of state
and local governments; and
WHEREAS, Article XIII B provides that the appropriations limit for the fiscal
year 2022–2023 is calculated by adjusting the base year appropriations of fiscal
year 1978-79 and subsequent years for changes in the cost of living and
population; and
WHEREAS, Proposition 111 (Section 1.5 of Article XIII B), enacted by the
voters on June 5, 1990, modified the method of calculating the limit, beginning
with fiscal year 1990-91; and
WHEREAS, the City of Hermosa Beach has complied with all of the provisions
of Article XIII B in determining the appropriations limit for fiscal year 2022–2023;
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF HERMOSA BEACH, CALIFORNIA, DOES RESOLVE AS FOLLOWS:
SECTION 1. That the City of Hermosa Beach chooses to use the California
Per Capita Personal Income Change as the inflation adjustment factor for fiscal
year 2022–2023.
SECTION 2. The City of Hermosa Beach chooses to use the Change in
Population for the County of Los Angeles as the growth adjustment factor for fiscal
year 2022–2023.
SECTION 3. The City of Hermosa Beach uses the Uniform Guidelines
published by the League of California Cities in March 1991 to determine the limit
and appropriations subject to the limit.
SECTION 4. Documentation for calculation of the limit is on file in the
Finance Department and will be reviewed by the City’s auditors during the annual
financial audit, as required by Proposition 111.
SECTION 5. The appropriations limit for the City of Hermosa Beach for fiscal
year 2022–2023 is $48,774,435.
DocuSign Envelope ID: 3C6C0A19-73BB-43D6-9CDD-EB1EB9F6C992
Page 2 of 2 22-7322
SECTION 6. This Resolution shall take effect immediately. The City Clerk
shall certify to the passage and adoption of this Resolution; shall enter the same
in the book of original Resolutions; and shall make a minute of the passage and
adoption thereof in the records of the proceedings of the City Council meeting
at which the same is passed and adopted.
PASSED, APPROVED AND ADOPTED this 14th day of June, 2022.
__________________________________________________________________________
Michael Detoy PRESIDENT of the City Council and MAYOR of the City of Hermosa Beach, CA
ATTEST: APPROVED AS TO FORM:
________________________________ _______________________________
Myra Maravilla Michael Jenkins
City Clerk City Attorney
DocuSign Envelope ID: 3C6C0A19-73BB-43D6-9CDD-EB1EB9F6C992
State of California ) County of Los Angeles ) ss City of Hermosa Beach ) June 23, 2022
Certification of Council Action RESOLUTION NO. 22-7322
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HERMOSA BEACH,
CALIFORNIA, APPROVING AND ADOPTING THE ANNUAL APPROPRIATIONS LIMIT FOR THE FISCAL YEAR 2022–2023
I, Myra Maravilla, City Clerk of the City of Hermosa Beach do hereby certify that
the above and foregoing Resolution 22-7322 was duly approved and adopted
by the City Council of said City at its regular meeting thereof held on the
14th day of June, 2022 and passed by the following vote:
AYES: MAYOR DETOY, MAYOR PRO TEMPORE JACKSON, COUNCILMEMBERS
ARMATO, CAMPBELL, MASSEY
NOES: NONE
ABSTAIN: NONE
ABSENT: NONE
________________________________
Myra Maravilla
City Clerk
DocuSign Envelope ID: 3C6C0A19-73BB-43D6-9CDD-EB1EB9F6C992