HomeMy WebLinkAboutRES-11-6747 (ANNUAL APPROPRIATIONS LIMIT)1
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RESOLUTION NO. 11-6747
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
HERMOSA BEACH, CALIFORNIA, APPROVING AND ADOPTING THE
ANNUAL APPROPRIATIONS LIMIT FOR THE FISCAL YEAR 2011-
2012
WHEREAS, the voters of California, on November 6, 1979, added Article XHI B to the
I State Constitution, placing various limitations on appropriations of state and local governments;
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WHEREAS, Article XIII B provides that the appropriations limit for the fiscal year 2011-
2012 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 II I (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;
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WHEREAS, the City of Hermosa Beach has complied with all of the provisions of Article
XHI B in determining the appropriations limit for fiscal year 2011-2012;
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 Increase in Non -
Residential Assessed Valuation Due to New Construction as the inflation adjustment factor for
fiscal year 2011-2012.
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 2011-2012.
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.
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11-6747
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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
2011-2012 is $27,968,420.
PASSED, APPROVED and ADOPTED this 14th day of June 2011.
PRESIDENT of the City Council and MAYOR of thl City of Hermosa Beach, California
ATTEST:
City Clerk
APPROVED AS TO FORM:
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11-674.
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES
CITY OF HERMOSA BEACH
I, Elaine Doerfling, City Clerk of the City of Hermosa Beach, California, do
hereby certify that the foregoing Resolution No.11-6747 was duly and regularly passed,
approved and adopted by the City Council of the City of Hermosa Beach at a Regular
Meeting of said Council at the regular place thereof on June 14, 2011.
The vote was as follows:
AYES: Bobko, DiVirgilio, Duclos, Fishman, Mayor Tucker
NOES: None
ABSTAIN: None
ABSENT: None
Dated: June 20, 2011
Elaine Doerfling, City Cl