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RESOLUTION NO. 08-191 <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PLEASANTON, <br />ADOPTING FISCAL YEAR 2008-09 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 California <br />per capita personal income will be used to establish the 2008-09 appropriation limit; and <br />WHEREAS, selecting these growth factors will result in a new limit for 2008-09 of <br />$355,408,811. <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 2008-09 for determining the <br />City's Proposition 4 appropriations limit are (1) the percentage change in Alameda County <br />population and, (2) the percentage change in California per capita personal income. <br />Section 2: The appropriation limit for fiscal year 2008-09 is $355,408,811. <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 20, 2008. <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 20th day of May, <br />2008 by the following vote: <br />Ayes: Councilmembers Cook-Kallio, McGovern, Sullivan, Thorne, Mayor Hosterman <br />Noes: None <br />Absent: None <br />are ~ Diaz, City Clerk <br />AP ROVED AS TO FORM: <br />Michael H. Roush, City Attorney <br />