CC - 2015-36 - Adopting an Appropriation Limit for the 2015-16 Fiscal YearRESOLUTION NO. 2015 -36
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROSEMEAD
ADOPTING AN APPROPRIATION LIMIT FOR THE 2015 -16 FISCAL YEAR
WHEREAS, Article XIII -B of the Constitution of the State of California
provides that total annual appropriations subject to limitation of the City shall not
exceed the appropriations limit of the City for the prior year as adjusted for
annual adjustment factors; and
WHEREAS, Article XIII -B was modified in June, 1990 by the approval of
Proposition 111 and SB 88 (Chapter 60190) which revised the annual adjustment
factors to be applied to the 1986 -87 Appropriation Limit and each year thereafter;
and
WHEREAS, the decision as to which factors: a) either the California Per
Capita Income or the percentage change in the local assessment roll due to local
non - residential construction; b) either the change in population in the City or
County; must be done by a recorded vote of the City Council; and
WHEREAS, the City Council wishes to set an appropriation limitation for
the 2014 -15 Fiscal Year on those appropriations subject to limitation under
Article XIII -B; and
WHEREAS, the required computation to determine the City of
Rosemead's Appropriation Limit for fiscal year 2015 -16 has been performed by
the Finance Department and is on file with the Finance Department, and
available for public review,
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF
ROSEMEAD DOES RESOLVE AS FOLLOWS:
1. The City of Rosemead Appropriation Limit for Fiscal Year 2015 -16 is
$41,866,588.
2. The City Council selects the California per Capita Personal Income
and the greater of the county or city population increase as allowable
inflation factors.
3. This Appropriation Limit is subject to amendments, deletions and
additions, which may be provided pursuant to Article XIIIB of the
California Constitution and legislation implementing thereof. This
limitation may be amended from time to time to reflect new or changed
information as such is encountered.
PASSED, APPROVED and ADOPTED the 9 th day of June, 2015
Margaret lark, Mayor
ATTEST:
Gloria Molleda
City Clerk
APPROVED AS TO FORM:
Rachel Richman
City Attorney
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) SS.
CITY OF ROSEMEAD )
I, Gloria Molleda, City Clerk of the City of Rosemead, do hereby certify that the foregoing
Resolution No. 2015 -36 being:
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF ROSEMEAD, CALIFORNIA, ADOPTING AN
APPROPRIATION LIMIT FOR THE 2015.16 FISCAL
YEAR
was duly and regularly approved and adopted by the Rosemead City Council on the 9th of June,
2015, by the following vote to wit:
Yes:
Alarcon, Armenta, Clark, Low, Ly
No:
None
Abstain:
None
Absent:
None
Gloria Molleda
City Clerk
ROSEMEAD CITY COUNCIL
STAFF REPORT
TO: THE HONORABLE MAYOR AND CITY COUNCIL
FROM: JEFF ALLRED, CITY MANAGER
DATE: JUNE 9, 2015
SUBJECT: ADOPTION OF THE CITY OF ROSEMEAD'S FISCAL YEAR 2015 -16
APPROPRIATION LIMIT
SUMMARY
Article XIIIB of the Constitution of the State of California was enacted by a vote of the
people as Proposition 4 (the Gann Initiative) in November 1979. This law limits the level
of most appropriations from tax sources that the state and most local government
entities are permitted to make in any given year. It also requires that annually each
governmental unit calculate its Appropriations Limit and adopt it by Resolution prior to
the beginning of the fiscal year under consideration.
The City of Rosemead's Appropriations Limit and Appropriations Subject to the Limit
were both calculated in accordance with guidelines issued by the League of California
Cities. Utilization of this approach facilitates the annual review requirement. The
results of these calculations are:
Appropriations Limit for FY 2016 $41,866,588
Appropriations Subject to the Limit 15.447,300
Amount under Limit $26,419,288
Staff Recommendation
Staff recommends that the City Council adopt Resolution No. 2015 -36 approving the
fiscal year 2015 -16 Appropriation Limit according to Article XIII -B (Gann Initiative) of the
Constitution of the State of California.
ITEM NUMBER:
City Council Meeting
June 9, 2015
Pace 2 of 2
PUBLIC NOTICE PROCESS
This item has been noticed through the regular agenda notification process.
Submitted by:
Carolyn A. Chu
Acting Finance Director
Attachment: Resolution No. 2015 -36