HomeMy WebLinkAboutCC Resolution 9626 (Appropriations Limit Amendment)RESOLUTION NO. 9626
A RESOLUTION OF THE SAN RAFAEL CITY COUNCIL AMENDING THE
1995/96 APPROPRIATIONS LIMIT AND ESTABLISHING THE
APPROPRIATIONS LIMIT FOR 1996/97.
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, documentation used in the determination of the
Appropriations Limit has been available in the Finance Department as
provided by Senate Bill 1352.
WHEREAS, the City has elected to use the percent change in the
County population and the percent change in the local assessment roll
due to local non residential construction as provided by Proposition 111
for 1995/96 and to use the percent change in County population and the
percent change in the California per capita personal income index for
1996/97.
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 1995/96 for the
City of San Rafael at $26,310,317 and does hereby establish the
Appropriations Limit for fiscal year 1996/97 for the City of San Rafael
at $27,941,557 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 introduced
and adopted at a regular meeting on the City Council of said City held
on MONDAY , the 17th day of JUNE, 1996, by the
following vote to wit:
AYES: COUNCILMEMBERS: Cohen, Heller, Phillips and Mayor Boro
NOES: COUNCILMEMBERS: None
ABSENT: COUNCILMEMBERS: None
JEANN`S . LEONCIN , City Clerk
Exhibit A
Calculated 1994/95 limit
Revised permitted increase
Revised 1995/96 limit
Calculated 1995/96 limit
Permitted increase
$ 24,635,128
x 1.068
$ 26,310,317
$ 26,310,317
x 1.062
1996/97 limit $ 27,941,557