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HomeMy WebLinkAboutResolution - 3928STATE OF CALIFORNIA ) RESOLUTION NO. 3928 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 2022-2023 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 2022-2023; 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 2022-2023; and WHEREAS, the California personal income factor has increased for fiscal year 2022-2023; 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 Riverside County in lieu of the population growth within the City of San Jacinto, and WHEREAS, attachment A to this resolution provides the calculation for the 2022-2023 appropriations limit; NOW, THEREFORE, BE IT RESOLVED, determined, and ordered by the City Council of the City of San Jacinto, Riverside County, State of California, as follows: The appropriations limit from proceeds of taxes is hereby established as $69,518,448 for fiscal year 2022-2023. DocuSign Envelope ID: C9817E12-BE53-460E-89C4-3839DEA08C95 PASSED, APPROVED, AND ADOPTED this 21st day of June 2022 by the following vote: AYES: Heath, Ruiz, Hawkins, Ledezma NAYS: None ABSENT: Ayala ABSTAIN: None City of San Jacinto Crystal Ruiz, Mayor ATTEST: __ Julia Espinoza, City Clerk APPROVED AS TO FORM: Best Best & Krieger LLP _____________________________ Michael J. Maurer, City Attorney DocuSign Envelope ID: C9817E12-BE53-460E-89C4-3839DEA08C95 STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE) ss CITY OF SAN JACINTO ) CERTIFICATION I, Julia Espinoza, City Clerk of the City of San Jacinto, DO HEREBY CERTIFY that the foregoing Resolution No. 3928 was passed, approved, and adopted at a regular meeting of the City Council of the City of San Jacinto held on the 21st day of June 2022, by the following vote: AYES: Heath, Ruiz, Hawkins, Ledezma NAYS: None ABSENT: Ayala ABSTAIN: None WITNESS MY HAND AND OFFICIAL SEAL this 21st day of June 2022. __________________________ Julia Espinoza, City Clerk City of San Jacinto DocuSign Envelope ID: C9817E12-BE53-460E-89C4-3839DEA08C95