HomeMy WebLinkAbout2009-34 - Establishing Appropriations Limit for FY 2009-10RESOLUTION NO. 2009- 34
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH
DETERMINING AND ESTABLISHING AN APPROPRIATIONS LIMIT FOR
FISCAL YEAR 2009 -10 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 2009 for the City of Newport Beach is $143,264,238. The computation of
appropriations for the 2009 -10 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 ad he to in the ty of Newport
Beach budget for the 2009 -10 fiscal year.
ADOPTED this 9th day of June, 2009. 11 jr�
Mayor
CITY OF NEWPORT BEACH
COMPUTATION OF APPROPRIATION LIMIT FOR
FISCAL YEAR ENDING 30 JUNE 2010)
AS PER ARTICLE X11113, CALIFORNIA STATE CONSTITUTION
PRIOR YEAR INFLATION POPULATION NEW APPROP.
FISCAL YEAR LIMIT ADJUST. (1) ADJUST. (2) LIMIT
2008-09 $139,044,407 0.0062 0.024 1 $143,264,238
note (1): Based on California per capita income increases _
note (2): Based on Orange Newport Beach population growth
CALCULATION OF ESTIMATED PROCEEDS OF TAXES FOR
FISCAL YEAR ENDING 30 JUNE 2010
Total Estimated Proceeds of Taxes $117,075,223
Less Authorized Exclusions
Net Proceeds of Taxes
note (3) $0
$117,075,223
note (3): Since 2009 -10 estimated gross proceeds were substantially less than
appropriations limit, exclusions were not calculated.
AMOUNT UNDER APPROPRIATIONS LIMIT $26,189,014
STATE OF CALIFORNIA }
COUNTY OF ORANGE } ss.
CITY OF NEWPORT BEACH }
I, Leilani I. Brown, 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. 2009 -34 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 9th day of
June, 2009, and that the same was so passed and adopted by the following vote, to wit:
Ayes: Henn, Rosansky, Curry, Webb, Gardner, Daigle, Mayor Selich
Noes: None
Absent: None
Abstain: None
IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed the
official seal of said City this 10th day of June, 2009.
(Seal)
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City Clerk
�iEWpO Newport Beach, California
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