HomeMy WebLinkAbout98-41 - 1998-99 Appropriations LimitWHEREAS, Article XIIIB was added to the California
Constitution at the special State -wide election held November 6,
1979 (commonly known as Proposition 4); and
WHEREAS, Government Code Section 7910 was added to
Chapter 12.05 by Statute at the Regular Session of the California
Legislature; and
WHEREAS, Proposition 111, which, among other things,
provides new annual adjustment formulas for the Appropriations
Limit, was approved by the voters in June, 1990, and
WHEREAS, The League of California Cities and the State
of California Department of Finance have published population and
per capita income growth indexes, as well as guidelines for the
uniform application of Proposition 111, and
WHEREAS, Government Code Section 7910 requires the
• governing body of each local jurisdiction to adopt, by
resolution, its appropriations limit; and
WHEREAS, said appropriations limit must be adhered to
in preparing and adopting this City's annual budget.
NOW, THEREFORE, the City Council of the City of Newport
Beach does hereby resolve as follows:
Section 1: In accordance with Article XIIIB of the
California Constitution and Government Code Section 7910, the
appropriations limit for fiscal year commencing 1 July 1998 for
the City of Newport Beach is $73,740,592. The computation of
appropriations for the 1998 -99 fiscal year are set forth in
detail in the attachment hereto, which is incorporated as though
fully set forth herein.
Section 2: Said appropriations limit shall be adhered
to in the City of Newport Beach budget for the 1998 -99 fiscal
year. A
ADOPTED this 8th day of June, 19ffi8,%' /n /4
Mayor
• ATTEST: �s
City Clerk
i
RESOLUTION
NO. 98 -41
•
A RESOLUTION OF
THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH
DETERMINING AND
ESTABLISHING AN
APPROPRIATIONS LIMIT FOR FISCAL
YEAR 1998 -99 IN
ACCORDANCE WITH
ARTICLE XIIIB OF THE CALIFORNIA
CONSTITUTION AND
GOVERNMENT CODE
SECTION 7910.
WHEREAS, Article XIIIB was added to the California
Constitution at the special State -wide election held November 6,
1979 (commonly known as Proposition 4); and
WHEREAS, Government Code Section 7910 was added to
Chapter 12.05 by Statute at the Regular Session of the California
Legislature; and
WHEREAS, Proposition 111, which, among other things,
provides new annual adjustment formulas for the Appropriations
Limit, was approved by the voters in June, 1990, and
WHEREAS, The League of California Cities and the State
of California Department of Finance have published population and
per capita income growth indexes, as well as guidelines for the
uniform application of Proposition 111, and
WHEREAS, Government Code Section 7910 requires the
• governing body of each local jurisdiction to adopt, by
resolution, its appropriations limit; and
WHEREAS, said appropriations limit must be adhered to
in preparing and adopting this City's annual budget.
NOW, THEREFORE, the City Council of the City of Newport
Beach does hereby resolve as follows:
Section 1: In accordance with Article XIIIB of the
California Constitution and Government Code Section 7910, the
appropriations limit for fiscal year commencing 1 July 1998 for
the City of Newport Beach is $73,740,592. The computation of
appropriations for the 1998 -99 fiscal year are set forth in
detail in the attachment hereto, which is incorporated as though
fully set forth herein.
Section 2: Said appropriations limit shall be adhered
to in the City of Newport Beach budget for the 1998 -99 fiscal
year. A
ADOPTED this 8th day of June, 19ffi8,%' /n /4
Mayor
• ATTEST: �s
City Clerk
i
STATE OF CALIFORNIA }
COUNTY OF ORANGE } ss.
CITY OF NEWPORT BEACH }
I, LAVONNE M. HARKLESS, City Clerk of the City of Newport Beach, California, do
hereby certify that the whole number of members of the City Council is seven; that the foregoing
resolution, being Resolution No. 98 -41, was duly and regularly introduced before and adopted by the
City Council of said City at a regular meeting of said Council, duly and regularly held on the 8th day
of June, 1998, and that the same was so passed and adopted by the following vote, to wit:
Ayes: Thomson, Debay, O'Neil, Hedges, Glover, Noyes, Mayor Edwards
Noes: None
Absent: None
Abstain: None
IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed the
official seal of said City this 9th day of June, 1998.
'-�d U d I/- lj�-Zw�l-x�
City Clerk of the City of
Newport Beach, California
(Seal)
OR