HomeMy WebLinkAboutResolution - 3812STATE OFCALIFORNIA)RESOLUTION Ni
COUNTY. 3812
OF
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 2020-2021; 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 2020-2021; and
WHEREAS, the California personal income tax factor has increased
for fiscal year 2020-2021; 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 City of San Jacinto in lieu of the population growth within the
County, and
WHEREAS, attachment A to this resolution provides the calculation for the
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 $59,617,424 for fiscal year 2020-2021.
PASSED, APPROVED AND ADOPTED this 16th day of June, 2020,
by the following vote:
AYES: Kotyuk, Lopez, Ledezma, Ruiz, Utz
Andrew Kotyuk, Mayor
AtA,-u, �- &
JuWEspinoza, Records Clerk
Best Best Krieger LLP
7/ 1
Michael J. Madrer, City Attorney
1, Julia Espinoza, Records Clerk of the City of San Jacinto, DO HERESY
CERTIFY that the foregoing Resolution No. 3812 was passed, approved and adopted
at a regular meeting of the City Council of the City of San Jacinto held on the 16th day
of June, 2020, by the following vote:
AYES:Lopez,-.-
.-
ABSENT:
None
AB
None
WITNESS MY HAND AND OFFICIAL SEAL this 16th day of June, 2020.
�Oof
Espinoza, Records Clerk
San Jacinto