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RESOLUTION NO. 10 -370 <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PLEASANTON, ADOPTING <br /> FISCAL YEAR 2010 -11 APPROPRIATIONS LIMIT <br /> WHEREAS, Article XIIIB of the State of California Constitution (Proposition 4 on the November <br /> 6, 1979 ballot) requires that each year the governing body of each local agency establish its <br /> appropriations limit for the following year; and <br /> WHEREAS, Proposition 111, passed by the voters in June of 1990, expands the choices for <br /> making annual adjustments to the appropriations limit based on various growth factors; and <br /> WHEREAS, the City Council has determined that the growth factors of (1) the percentage <br /> change in Alameda County population, and (2) the percentage change in the local assessment roll due <br /> to non residential construction will be used to establish the 2010 -11 appropriation limit; and <br /> WHEREAS, selecting these growth factors will result in a new limit for 2010 -11 of $378,502,427. <br /> NOW, THEREFORE BE IT RESOLVED THAT THE CITY COUNCIL OF THE CITY OF <br /> PLEASANTON DOES RESOLVE, DECLARE, DETERMINE AND ORDER THE FOLLOWING: <br /> Section 1: The Proposition 111 growth factors selected for 2010 -11 for determining the City's <br /> Proposition 4 appropriations limit are (1) the percentage change in Alameda County population and, (2) <br /> the percentage change of the California per capita personal income. <br /> Section 2: The appropriation limit for fiscal year 2010 -11 is $378,502,427. <br /> Section 3: This resolution shall become effective immediately upon its passage and adoption. <br /> Section 4: City Clerk shall certify to the passage of this resolution and enter it into the book of <br /> original resolutions. <br /> PASSED, APPROVED AND ADOPTED by the City Council of the City of Pleasanton at a <br /> regular meeting held on June 1, 2010. <br /> I, Karen Diaz, City Clerk of the City of Pleasanton, California, certify that the foregoing resolution <br /> was adopted by the City Council at a regular meeting held on the 1 day of June, 2010, by the following <br /> vote: <br /> Ayes: Councilmembers Cook- Kallio, McGovern, Sullivan, Thorne, Mayor Hosterman <br /> Noes: None <br /> Absent: None <br /> Abstain: None <br /> Kare Diaz, City'erk 1 <br /> APPROVED AS TO FORM: <br /> Jonathan P. Lowell, City Attorney <br />