RES-10298 Adoption of Appropriations Limit Fiscal Year 2008-09RESOLUTION NO. 10298
A RESOLUTION OF THE CITY COUNCIL OF
THE CITY OF ORANGE ADOPTING THE
APPROPRIATIONS LIMIT FOR THE FISCAL
YEAR 2008-
09 WHEREAS, the voters of California on November 6, 1979, added Article XIIIB to
the State Constitution placing various limitations on the appropriations of the state and
local governments;
and WHEREAS, Article XIIIB was amended by Proposition 111 and SB88 to provide for
the calculation of the appropriations limit for Fiscal Years beginning with 1990-91 using,
at the City's election, the City's own population growth or the population growth of the
County, and the growth in California per capita income or the growth in
non-residential assessed valuation due
to new construction.WHEREAS, data necessary to calculate the growth in the
non-residential assessed value was not available from the County Assessor and the City may need to
adjust the limit on appropriations once
the data is available.WHEREAS, the information and the elections made as set forth
above are necessary for making these adjustments and are attached
as Exhibit A; and WHEREAS, the City of Orange, to the best of its knowledge, has
complied with all the provisions of Article XIIIB in determining the appropriation limit
for Fiscal Year 2008-09.NOW, THEREFORE, BE IT RESOLVED by the City Council
of the City of Orange that the Appropriations Limit in Fiscal Year 2008-09 shall be $129,
940,117 and the City's appropriations subject
to limitation are $73,893,165.ADOPTED
this
24th day
of June, 2008.ATTEST:28City
I, MARY E. MURPHY, City Clerk of the City of Orange, California, do hereby
certify that the foregoing Resolution was duly and regularly adopted by the City Council of
Orange at a regular meeting thereof held on the 24th day of June, 2008.
AYES:
NOES:
ABSENT:
ABSTAIN:
COUNCIL MEMBERS: Smith, Murphy, Cavecche, Dumitru, Bilodeau
COUNCIL MEMBERS: None
COUNCIL MEMBERS: None
COUNCIL MEMBERS: None