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HomeMy WebLinkAboutReso - CC - 047-19951 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 JEROME F. COLEMAN CITY ATTORNEY CITY OF OUR LINGAME 501 PRIMROSE ROAD SURLINGAME, G1LIF.84010 RESOLUTION NO. 47-95 RESOLUTION REVISING APPROPRIATION LIMITS FOR 1993-94 AND 1994-95; AND ESTABLISHING 1995-96 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, during the 1993-94 audit, our auditors found a calculation error which if modified will allow a higher limit for 1993-94 of $29,160,004 and 1994-95 of $30,628,851; and WHEREAS, in accordance with the above the City of Burlingame has prepared documentation establishing our 1995-96 appropriation limit, and has made this documentation available to the public for more than 15 days in the proposed budget. NOW, THEREFORE, IT IS HEREBY RESOLVED as follows: 1. For 1995-96 the City's appropriation limit is $32,092,939. 2. The Adopted Budget for 1995-96 includes $5,159,216 in appropriations which are subject to limit, and proceeds of taxes of $20,808,216. 3. For 1995-96 the City of Burlingame is within the limits of Article XIII B of 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 JEROME F. COLEMAN CRY ATTORNEY CITY OF BURLINGAME BOI PRIMROSEROAD BURLINGAME. GU F. 94010 the California Constitution. I, JUDITH A. MALFATTI, City Clerk of the City of Burlingame, do hereby certify that the foregoing resolution was introduced at a regular meeting of the City Council held on the 19th day of JUNE , 1995, and was adopted thereafter by the following vote: AYES: COUNCILMEMBERS: NOES: COUNCILMEMBERS: ABSENT: COUNCILMEMBERS: HARRISON, KNIGHT, OIMAHONY, PAGLIARO, SPINELLI NONE NONE o ,1� %' Im �/City Clerk j