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HomeMy WebLinkAboutResolution No. 6120RESOLUTION NO. 6120 A RESOLUTION OF THE SAN RAFAEL CITY COUNCIL AMENDING APPROPRIATIONS LIMIT FOR 1980/81 WHEREAS, Proposition 4, which was voted upon by the voters of the State of California on November 6, 1979, places various limitations on the fiscal powers of state and local governments, and WHEREAS, Senate Bill 1352 which implements Proposition 4 requires that the governing body of each local jurisdiction shall establish its appropriations limit at a regularly scheduled meeting or noticed special meeting; and WHEREAS, The City Council of the City of San Rafael established the 1980/81 appropriations limit on February 2, 1981; and WHEREAS, The State of California has now revised the population data and the per capita income index. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of San Rafael, pursuant to the formula set forth in Senate Bill 1352, does hereby amend the appropriations limit for fiscal year 1980/81 for the City of San Rafael at $11,684,929, as documented in Exhibit A, attached hereto and incorporated herein by reference as though fully set forth. I, JEANNE M. LEONCINI, Clerk of the City of San Rafael, hereby certify that the foregoing resolution was duly and regularly intro- duced and adopted at a regular meeting of the Council of said City on Monday , the 15th day of June , 1981, by the following vote, to wit: AYES: COUNCILMEMBERS: Jensen, Nixon & Mayor Mulryan NOES: COUNCILMEMBERS: None ABSENT: COUNCILMEMBERS: Breiner & Miskimen Eli qyNNE M. LEONCINI, City Clerk 23 B/10 2A �I CITY OF SAN RAFAEL CALCULATION OF THE PERMITTED GRO11TH RATE IN APPROPRIATIONS FOR 1980-81 .36 + 100.00 - 1.10567 1.1017 x 100 1.1211 x -2.34 + 100.00 = 1.09487 100 1.10567 x 1.09487 = 1.21056 = 21.056% 1978-79 Base (as calculated in Res. 6053) Revised 1980-81 Limit 9,652,499 x 121.056 11,684,929