HomeMy WebLinkAbout2014-47 - Determining and Establising an Appropriations Limit for Fiscal Year 2014-15 in Accordance with Article XIIIB of the California Constitution and Government Code Section 7910RESOLUTION NO. 2014 -47
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
NEWPORT BEACH DETERMINING AND ESTABLISHING AN
APPROPRIATIONS LIMIT FOR FISCAL YEAR 2014 -15 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 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 X11113 of the California Constitution and
Government Code Section 7910, the appropriations limit for fiscal year commencing July 1,
2014 for the City of Newport Beach is $159,687,483. The computation of appropriations for the
2014 -15 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 2014 -15 fiscal year.
ADOPTED this 10th day of June, 2 1.4
Rush N. Hill, 11, Mayor
ATTEST:
Leilani I. Brown, City Clerk
STATE OF CALIFORNIA }
COUNTY OF ORANGE
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. 2014 -47 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 10th day of June, 2014, and that the same
was so passed and adopted by the following vote, to wit:
Ayes: Council Member Gardner, Council Member Petros, Council Member Curry,
Council Member Henn, Council Member Daigle, Mayor Pro Tem Selich,
Mayor Hill
Nays: None
IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed the official seal of
said City this 11`h day of June, 2014.
4ad
City Clerk
Newport Beach, California
(Seal)