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HomeMy WebLinkAboutReso - CC - 074-2019RESOLUTION NO. 74-2019 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BURLINGAME CORRECTING THE FY 2018-19 APPROPRIATION LIMIT AND ESTABLISHING THE FY 2019-20 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 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, which provided new adjustment formulas; and WHEREAS, the appropriation limit for fiscal year 2018-19 was overstated due to the erroneous inclusion of Measure I revenues as an adjustment/increase to the limit; and WHEREAS, in accordance with State law, the City of Burlingame has prepared documentation correcting the fiscal year 2018-19 appropriation limit, the result of which impacts the calculation of the fiscal year 2019-20 limit; and WHEREAS, in accordance with State law, the City of Burlingame has prepared documentation establishing the 2019-20 appropriation limit, and has made this documentation available to the public in the proposed 2019-20 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: 1. For Fiscal Year 2018-19, the City of Burlingame's appropriation limit is $80,869,488. 2. For Fiscal Year 2019-20, the City of Burlingame's appropriation limit is $84,218,116. 3. The Adopted Budget for Fiscal Year 2019-20 includes $54,684,506 in appropriations that are subject to the limit, and proceeds of taxes of $70,888,590. 4. For Fiscal Year 2019-20, the City of Burlingame is within the limits of Article XIII B of the California Constitution. .F Donna Colson, Mayor I, Meaghan Hassel -Shearer, City Clerk of the City of Burlingame, certify that the foregoing Resolution was introduced at a regular meeting of the City Council held on the 17th day of June, 2019, and was adopted thereafter by the following vote: AYES: Councilmembers: BEACH, BROWNRIGG, COLSON, KEIGHRAN, ORTIZ NOES: Councilmembers: NONE ABSENT: Councilmembers: NONE j. Meaghan a'ssel-Shearer, City Clerk