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HomeMy WebLinkAboutReso - CC - 089-2018RESOLUTTON NO. 089-201 8 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BURLINGAME ESTABLISHING THE FY 2018-19 APPROPRIATION LIMIT FOR THE CITY OF BURLINGAME PURSUANT TO ARTICLE XIII B OF THE CALIFORNIA CONSTITUTION WHEREAS, in November 1979, the voters of the State of California approved Proposition 4, the Gann Appropriation Limit lnitiative, which states that beginning July 1, 1980, all state and local government budgets are limited to a formula based upon the 1978-79 budget, plus adjustments for cost of living and population changes, and specific exceptions for service charges, federal and state grants, reserve funds, etc.; and WHEREAS, the State Legislature adopted Government Code Section 7900, implementing Article Xlll B of the California Constitution, and Proposition 111, adopted in June 1990, provided new adjustment formulas; and WHEREAS, in accordance with State law, the City of Burlingame has prepared documentation establishing the FY 2018]lg appropriation limit, and has made this documentation available to the public in the proposed FY 2018-19 budget more than fifteen (15) days before this resolution is being considered and adopted. NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF BURLINGAME RESOLVES AS FOLLOWS: For Fiscal Year 201 8-19, the City of Burlingame's approp riation limit is $82,619,488 The Adopted Budget for Fiscal Year 2018-19 includes $50,660.262 in appropriations that are subject to the limit, and proceeds of taxes of $67,062.990. For Fiscal Year2018-'19, theCityof Burlingame is within the limits of Article Xlll Bof the California Constitution. Michael B g, Mayo l, Meaghan Hassel-Shearer, City Clerk of the City of Burlinga , certify that the foregoing Resolution was introduced at a regular meeting of the City Council held on the 18th day of June, 2018, and was adopted thereafter by the following vote: Councilmembers: BEACH, BROWNRIGG, COLSON,IGHRAN Councilmembers: NONE Councilmembers. ORTIZ 1 2 Meaghan arer, c Clerk AYES: NOES: ABSENT: