HomeMy WebLinkAboutCity Council Resolution 07-034E~LI~Tr~N N~.~7-~ 4
A RE~LI~TI~N F TIE ITS UNIL ~~' TIE CITY
~ A~ATI~A ETABLIHIN~ THE FI~~'AL SEAR X007-~1~
MANN LIIV~~T A~P~RQP~IATI~N FAR THE CITY ~F ARAT~A
w~EREA, the qty of Saratoga has estahli~hed its Base Year Appropriation Limit ~
5,I,747 in Fiscai ~~~~ ~~7~79; and
ULE~EA, the eun~.~ulat~ve changes to popu~~atlon and to the all~ornia per Ca~p1ta
personal income since the Base dear established the revised Proposition ~ 1 ~ p'zscal ~eax
1 ~~17 Apprapriatior~ Limit as I ~, I X3,3 ~ 4, and
w~IEA, to the best of the pity's l~na~ledge and believe, the state Department of
Finance figures provided to the City in response to Proposition I ~ ~ passed by th.e voters in June
19~~, reflects the appropriate statistics relevant to the ca~cuZat~.~~ ~f the f~.sea~ year ~~~"1~~~
Appropriation Limit, which includes:
• ou.nty population ad~u~strnents ~`ar the year ended Deeen~ber ~ ~, ~~~G eq~a~ to 1.~~°/o, and
• i.ty population adjustment fir the year ended December ~ 1, ~~~~ e~ua~ to ~ .~S°Iaa and
• change ~ a~ifarnia per capita cost of livirn for f i~cal year ~0071OS equal to 4,4~°l~
New, THER~F~RE, BE ~~' EL~ED, that the pity ouneii of the pity of Saratoga
hereby resaives that, based are the Foregoing figures and the provisions of the Article ~IIIB of
the onstitutxon of the state of California, the following figu:r. e accurately represents the fiscal
gear ~~~71~8 Appropriation Lirn:it far the pity o~ ara~toga at: ~~,37,~8I
The above and foregaing resalutior~ was passed and adopted at a regular meeting of the Saratoga
pity council held on the nth day o~`,lune ~a~7 by the fallowing vote:
1~YE: ouncil~etr~bers Jill Hunter, Cathleen Fang, ~hucl~ Page
dice Mayor Ann waltansrnith, Mayor Aileen Iaa
NEE: None
ABSENT; bone
ABTAIl~1~ bone
~ lccn l~ao y Mayor