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HomeMy WebLinkAboutRES 94-30RESOLUTION NO. 94- 30 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DIAMOND BAR, COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, SETTING THE APPROPRIATIONS LIMIT FOR FISCAL YEAR 1994-95 FOR THE CITY OF DIAMOND BAR IN ACCORDANCE WITH THE PROVISIONS OF DIVISION 9 OF TITLE 1 OF THE CALIFORNIA GOVERNMENT CODE WHEREAS, Article XIII B of the Constitution of the State of California as proposed by the Initiative Measure approved by the people at the special statewide election held on November 6, 1979, provides that the total annual appropriations limit of such entity for the prior year be adjusted for changes in the non-residential assessed valuation and population except as otherwise specifically provided for in said Article; and WHEREAS, The State Legislature added Division 9 (commencing with Section 7900) to Title 1 of the Government Code of -- the State of California to implement Article XIII - B of the California Constitution; and WHEREAS, Section 7910 of the Government Code provides that each year the governing body of each local jurisdiction shall, by resolution, establish its appropriations limit for the following fiscal year pursuant to Article XIII B at a regularly scheduled meeting or a noticed special meeting. Prior to such meeting, documentation used in the determination of the appropriation limit shall be available to the public; and, WHEREAS, Proposition 111 as approved by the voters of the State of California, requires a recorded voice vote of the City Council regarding which of the annual adjustment factors have been selected each year; and WHEREAS, Section 7902 (a) and 7902.6 of the Government Code sets forth the method for determining the appropriations limit for each local jurisdiction for the 1994-95 fiscal year; and WHEREAS, the City Council of the City of Diamond Bar wishes to establish the appropriation limit for fiscal year 1994-95 for the City of Diamond Bar. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Diamond Bar, California, as follows: Section 1. That it is hereby found and determined that the documentation used in the determination of the appropriations limit for the City of Diamond Bar for fiscal year 1994-95 was available to the public in City offices of said City at least fifteen days prior to this date. Section 2. That the County of Los Angeles LAFCO, established the appropriations for the newly incorporated City. Section 3. That the City of Diamond Bar percentage increase in Non -Residential Assessed Valuation and the percentage change in Los Angeles County population were selected as factors. Section 4. That the Appropriations Limit for the City of Diamond Bar as established in accordance with Section 7902(a) and Section 7902.6 of the California Government Code is $13,169,824. Section 5. That the Mayor of the City of Diamond Bar shall sign and the City Clerk shall certify to the passage and adoption of this Resolution No. 94-30. PASSED, APPROVED AND ADOPTED this 21st day of June , 1994. MAYOR PRO T I, LYNDA BURGESS, City Clerk of the City of Diamond Bar do hereby certify that the foregoing Resolution was passed, and -- approved and adopted at 'a regular meeting of the City Council of the City of Diamond Bar held on the 218t day of June , 1994, by the following vote: AYES: COUNCIL MEMBERS: Miller, Papen, Ansari and MPT/Harmony NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS:M/Werner ABSTAINED: COUNCIL MEMBERS: None ATTEST:" C DUT Clerk csf t ffe— City of Diamond Bar CITY OF DIAMOND BAR APPROPRIATIONS LIMIT WORK SHEET 1994-1995 Non -Residential Assessed Valuation % Change Over Prior Year Population Change % Change Over Prior Year (County) Non -Res AV Change Converted to a Ratio Popuiation Change Converted to a Ratio Calculation of Growth Factor 1993-94 Appropriations Limit 6.95% 0.75% 1.069500 1.007500 1.077521 $12,222,333 1994-95,Appropriation Limit $13,169,824