HomeMy WebLinkAboutRES-91-5448 (APPROPRIATIONS LIMIT/90-91)1
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RESOLUTION NO. 91-5448
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HERMOSA BEACH,
CALIFORNIA, AMENDING THE ANNUAL APPROPRIATIONS LIMIT SET BY
RESOLUTION 90-5377 FOR THE FISCAL YEAR 1990-91
WHEREAS, the voters of California on November 6, 1979 added
Article XIII B to the State Constitution placing various limit-
ations on the appropriations of the state and local governments;
and
WHEREAS, Article XIII B provides that the appropriations
limit for the fiscal year 1990-91 is calculated by adjusting the
base year appropriations of fiscal year 1978-79 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 appropria-
tions limit for fiscal year 1990-91;
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
growth in the California Per Capita Income as the inflation ad-
justment factor for fiscal year 1991-92.
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 1987-88, 1989-90, and 1990-91,
in order to establish the limit for 1990-91. The City chooses to
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use the Hermosa Beach population change as the growth adjustment
factor for fiscal year 1988-89.
SECTION 3. The City of Hermosa Beach recalculated the 1990-
91 limit using the Uniform Guidelines published by the League of
California Cities in March 1991.
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 Propo-
sition 111.
SECTION 5. The appropriations limit for the City of Hermosa
Beach for fiscal year 1990-91 is $10,858,491.
PASSED, APPROVED and ADOPTED this 28th day of
PRE9115nT oV-the-City Council, and MAYOR
of the City of Hermosa Beach, California
ATTESTS
CITY CLERK O
APPROVED AS TO FORMS
T6�1 f, Vow
CITY ATTORNEY
audit/resolut
\*MP/
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES )
CITY OF HERMOSA BEACH )
I, Naoma Valdes, Deputy City Clerk of the City
Council of the City of Hermosa Beach, California, do hereby
certify that the foregoing Resolution No. 91-5448 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 meeting place thereof on May 28,
1991.
The vote was as follows:
-AYES: Creighton, Essertier, Midstokke, Wiemans, Mayor Sheldon
NOES: None
ABSENT: None
ABSTAIN: None
DATED: May 30, 1991
`%.
Deputy City Clerk