HomeMy WebLinkAboutResolution - 3267 STATE OF CALIFORNIA ) RESOLUTION NO. 3267
COUNTY OF RIVERSIDE) ss
CITY OF SAN JACINTO )
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF SAN JACINTO, CALIFORNIA, ESTABLISHING THE
APPROPRIATIONS LIMIT FOR FISCAL YEAR 2009-2010
WHEREAS, Article XI1113 of the California Constitution provides for
establishment of a formal appropriations limit from the proceeds of taxes; and
WHEREAS, a formal appropriations limit has not been established
for Fiscal Year 2009-2010; and
WHEREAS, the California Department of Finance has provided per
capita personal income and population change data for calculating the allowed
increases in the appropriations limit for fiscal year 2009-2010; and
WHEREAS, the California personal income tax factor has
increased for fiscal year 2009-2010; and
WHEREAS, the City of San Jacinto elects to select the methods of
calculation using 1) the increase in the California Per Capita Income in lieu of the
growth in the non-residential assessed valuation due to new construction within
the City and 2) the population growth of the City in lieu of the population growth
within the County of Riverside, and
WHEREAS, attachment A to this resolution provides the calculation
for the 2009-2010 appropriations limit;
NOW, THEREFORE, BE IT RESOLVED, determined, and ordered
by the City Council of the City of San Jacinto, County of Riverside, State of
California, as follows:
The appropriations limit from proceeds of taxes is hereby established as
$34,954,247 for fiscal year 2009-2010.
Page 1 of 2
PASSED, APPROVED AND ADOPTED this 4T" day of June, 2009, by the
following vote:
Ayes: Ayres, Di Memmo, Mansperger, Potts, Stubblefield
Nays: None
Absent: None
Abstain: None
ity of San int
Jo
Dale Stubble field, Mayor
ATTEST:
Barry M Ilan, City Clerk
Page 2 of 2