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ATTACHMENT 1 <br /> RESOLUTION NO. <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PLEASANTON <br /> ADOPTING 2011/12FY APPROPRIATIONS LIMIT <br /> WHEREAS, Article XIIIB of the State of California Constitution (Proposition 4 on the <br /> November 6, 1979 ballot) requires that each year the governing body of each local agency <br /> establish its appropriations limit for the following year; and <br /> WHEREAS, Proposition 111, passed by the voters in June of 1990, expands the choices <br /> for 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 <br /> percentage change in Alameda County population, and (2) the percentage change in the local <br /> assessment roll due to nonresidential construction will be used to establish the 2011/12FY <br /> appropriation limit; and <br /> WHEREAS, selecting these growth factors will result in a new limit for 2011/12FY of <br /> $391,068,060. <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 2011/12FY for determining <br /> the City's Proposition 4 appropriations limit are (1) the percentage change in Alameda County <br /> population and, (2) the percentage change of the California per capita personal income. <br /> Section 2: The appropriation limit for fiscal year 2011/12FY is $391,068,060. <br /> Section 3: This resolution shall become effective immediately upon its passage and <br /> adoption. <br /> Section 4: City Clerk shall certify to the passage of this resolution and enter it into the <br /> book of original resolutions. <br /> PASSED, APPROVED AND ADOPTED by the City Council of the City of Pleasanton at <br /> a regular meeting held on May 17, 2011. <br /> I, Karen Diaz, City Clerk of the City of Pleasanton, California, certify that the foregoing <br /> resolution was adopted by the City Council at a regular meeting held on the 17TH day of May, <br /> 2011, by the following vote: <br /> Ayes: <br /> Noes: <br /> Absent: <br /> Abstain: <br /> Karen Diaz, City Clerk <br /> APPROVED AS TO FORM: <br /> Jonathan P. Lowell, City Attorney <br />