HomeMy WebLinkAboutRES-91-5449 (APPROPRIATIONS LIMIT/91-92)1
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RESOLUTION NO. 91-5449
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HERMOSA BEACH,
CALIFORNIA, APPROVING AND ADOPTING THE ANNUAL APPROPRIATIONS
LIMIT FOR THE FISCAL YEAR 1991-92
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 1991-92 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 1991-92;
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 1991-92.
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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. 91-5449 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
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Deputy City Clerk