HomeMy WebLinkAboutCity Council Resolution 19-034 FY19-20 Gann limitRESOLUTION NO. 19-034
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA
ESTABLISHING THE FISCAL YEAR 2019/20 GANN LIMIT
APPROPRIATION FOR THE CITY OF SARATOGA
WHEREAS, the City of Saratoga has established its Base Year Appropriation Limit as $5,961,747 in Fiscal Year
1978/79; and
WHEREAS, the cumulative changes to population and to the California per capita personal income since the Base
Year established the revised Proposition 111 Fiscal Year 1996/97 Appropriation Limit as $16,153,314; and
WHEREAS, to the best of the City's knowledge and belief, the State Department of Finance figures provided to
the City in response to Proposition 111 passed by the voters in June 1990, reflects the appropriate statistics relevant
to the calculation of the Fiscal Year 2019/20 Appropriation Limit, which includes:
• County population adjustments for the year ended December 31, 2018 equal to 0.33%, and
• City population adjustment for the year ended December 31, 2018 equal to 0.03%, and
• Change in California per capita cost of living for Fiscal Year 2019/20 equal to 3.85%
NOW, THEREFORE, the City Council of the City of Saratoga hereby resolves that, based on the foregoing
figures and the provisions of Article XIIIB of the Constitution of the State of California, the following figures
accurately represent the Fiscal Year 2019/20 Appropriation Limit for the City of Saratoga at $46,297,871.
The above and foregoing resolution was passed and adopted at a regular meeting of the Saratoga City Council held
on the 19th day of June 2019 by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
Mayor E. Manny Cappello, Vice Mayor Howard Miller, Council Members Rishi Kumar, Mary -
Lynne Bernald, Yan Zhao
ebbie Bretschneider,
City Clerk, City of Saratoga
Date: 6 1 a--1 r-zvl i
ppello
ayor, City of Saratoga