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RES-8630 Adopting Appropriations Limit FY 1996-97RESOLUTION NO. 8630 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ORANGE ADOPTING THE APPROPRIATIONS LIMIT FOR THE FISCAL YEAR 1996- 97.WHEREAS, the voters of California on November 6, 1979, added Article XIlIB to the State Constitution placing various limitations on the appropriations of the state and local governments; and WHEREAS, Article XIlIB was amended by Proposition 111 and SB88 to provide for the calculation of the appropriations limit for Fiscal Years beeinning 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 yalue 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 necessary for making these adjustments is attached as Exhibit "A"; and WHEREAS, the City of Orange, to the best of its knowledge, has complied with all the provisions of Article XIlIB in determining the appropriation limit for Fiscal Year 1996-97.NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Orange that the Appropriations Limit in Fiscal Year 1996-97 shall be $67,444,549 and the City's appropriations subject to limitation are $40,228,678,ADOPTED this 28th day of May, 1996.f~(2:- I hereby certify that the foregoing Resolution was duly and regularly adopted by the City Council of the City of Orange at a regular meeting thereof held on the 28th day of May , 1996, by the following vote: AYES: COUNCIL MEMBERS: MURPHY. BARRERA, COONTZ, SPURGEON, SLATER NOES: COUNCIL MEMBERS: NONE ABSENT: COUNCIL MEMBERS: NONE l(];a.~ City Clerk of th,'City of Orange Reso. No, 8630 2-SPAIN:ajj