CC - 2019-28 - Adopting an Appropriation Limit for the Fiscal Year 2019-20 RESOLUTION NO. 2019-28
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ROSEMEAD, CALIFORNIA, ADOPTING AN APPROPRIATION
LIMIT FOR THE FISCAL YEAR 2019-20
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
VVIIEREAS,Article XIII-B was modified in June, 1990 by the approval of Proposition 111
and SB 88(Chapter 60/90)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 2019-20
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 2019-20 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
HEREBY RESOLVE, DECLARE, DETERMINE,AND ORDER AS FOLLOWS:
SECTION 1. The City of Rosemead Appropriation Limit for Fiscal Year 2019-20 is
$50,198,555.
SECTION 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.
SECTION 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.
SECTION 4.The City Clerk shall certify to the adoption of this resolution and hereafter the
same shall be in full force and effect.
PASSED, APPROVED,AND ADOPTED this 11th day of June, 2019.
Margard Clark, Mayor
APPROVED AS TO FO' ► : ATTEST:
ief / / 41 / ....-
ii s
achel Richman, City Attorney Ericka Hern1 : - , City Clerk
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) §
CITY OF ROSEMEAD )
I,Ericka Hernandez,City Clerk of the City Council of the City of Rosemead,California,do hereby
certify that the foregoing City Council Resolution, No. 2019-28, was duly adopted by the City
Council of the City of Rosemead, California, at a regular meeting thereof held on the 11th day of
June, 2019, by the following vote,to wit:
AYES: ARMENTA, CLARK, DANG, LOW, LY
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
AIM
Ericka Hernans ez, City Clerk