HomeMy WebLinkAboutResolution - 3631 STATE OF CALIFORNIA ) RESOLUTION NO. 3631
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 2016-2017
WHEREAS, Article XIIIB 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 2016-2017; 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 2016-2017; and
WHEREAS, the California personal income tax factor has increased for
fiscal year 2016-2017; 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
increase in the non-residential assessed valuation due to new construction and 2) the
population growth of the County of Riverside in lieu of the population growth within the
City, and
WHEREAS, attachment A to this resolution provides the calculation for the
2016-2017 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
$48,127,923 for fiscal year 2016-2017.
PASSED, APPROVED AND ADOPTED this 28" day of June, 2016, by
the following vote:
Ayes: Gagnepain, Ledezma, Miller, Ruiz, Kotyuk
Nays: None
Absent: None
Abstain: None
City of San Jacinto
Andrew F. Kotyuk, Mayor
ATTEST:
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pegwj�j ns, I terim City Clerk
APPROVED AS TO FORM:
Best Best & Krieger LLP
Jeffrey S. Ballinger, City Attorney
CERTIFICATION
I, Peggy J. Johns, Interim City Clerk of the City of San Jacinto do hereby certify
that the foregoing Resolution No. 3631 was duly passed, and adopted at a regular
meeting of the City Council of the City of San Jacinto held on the 28th day of June,
2016, by the following vote:
Ayes: Ledezma, Miller, Ruiz, Kotyuk
Nays: None
Absent:
Abstain: None
IN WITNESS WHEREOF, I HAVE HEREUNTO SET MY HAND AND THE Official Seal
of the City of San Jacinto this 28th day of June, 2016.
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Pegg s, I Oerim City Clerk
Attachment A
CITY OF SAN JACINTO
APPROPRIATIONS LIMIT
FISCAL YEAR 2016-17
Amount
A. Fiscal Year 2015-2016 Appropriation Limit S 45,105,832
B. Adjustment Factors:
1. County Population Percentage%change of 1.26% 1.0126
2. State Per Capita Personal Income % change of 5.37% 1.0537
B.1. x B.2. = 1.0670
C. Fiscal Year 2016-2017 Appropriation Limit -A. X 1.067 = $ 48,127,923