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HomeMy WebLinkAboutReso - CC - 068-2003RESOLUTION NO. 68-2003 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BURLINGAME ESTABLISHING 2003-2004 APPROPRIATION LIMIT FOR CITY OF BURLINGAME PURSUANT TO ARTICLE XIII B OF THE CALIFORNIA CONSTITUTION RESOLVED by the CITY COUNCIL of the CITY OF BURLINGAME that: WHEREAS, in November 1979, the voters of the State of California approved proposition 4, the Gann Appropriation Limit Initiative, 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 XIII B of the California Constitution, and Proposition 111 adopted in June 1990 provides new adjustment formulas; and WHEREAS, in accordance with these State laws, the City of Burlingame has prepared documentation establishing the 2003-2004 appropriation limit, and has made this documentation available to the public in the proposed 2003-2004 budget for more than fifteen (15) days before this resolution was adopted, . NOW, THEREFORE, IT IS HEREBY RESOLVED as follows: 1. For 2003-2004, the City of Burlingame's appropriation limit is $45,510,853. 2. The Adopted Budget for 2003-2004 includes $5,515,548 in appropriations that are subject to limit, and proceeds of taxes of $26,754,178. 3. For 2003-2004, the City of Burlingame is within the limits of Article XIII B of the California Constitution. MM1.101-1111.nW, I, DORIS MORTENSEN, Deputy City Clerk of the City of Burlingame, do hereby certify that the foregoing resolutions were introduced at a regular meeting of the City Council held on the 16" day of June, 2003, and was adopted thereafter by the following vote: AYES: COUNCILMEMBERS: EAYLOCK, COFFEY, GALLIGAN, JANNEY, O'MAHONY NOES: COUNCILMEMBERS: NONE ABSENT: COUNCILMEMBERS: NONE 2 City Clerk