CC RESOLUTION 3072• RESOLUTION N0, 3072
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF EL SEGUNDO, CALIFORNIA, APPROVING
AND ADOPTING THE ANNUAL APPROPRIATIONS LIMIT
FOR THE FISCAL YEAR 1981 -1982.
WHEREAS, the voters of California on November 6, 1979
• added Article XIII B to the State Constitution placing various
limitations on the appropriations of the state and local govern-
ments; and
WHEREAS, Article XIII B provides that the appropria-
tions limit for the fiscal year 1981 -1982 is calculated by adjust-
ing the base year appropriations of fiscal year 1978 -1979 for
changes in the cost of living and population; and
WHEREAS, the information necessary for making 1981 -1982
calculations is attached in Exhibit A; and
WHEREAS, the City of El Segundo has complied with all
the provisions of Article XIII B in determining the appropria-
tions limit for the fiscal year 1981 -1982;
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF
EL SEGUNDO, CALIFORNIA, DOES RESOLVE that for the City of El Segundo
the appropriations subject to limitation in the fiscal year 1981-
1982 shall be $16;322,470.
PASSED, APPROVED and ADOPTED this 16th day of Tune
, 1981.
ATTEST:
�2
City Clerk
(SEAL)
40
\n � \ 1 %", Lln_
Mayor of the City of El Segundo,
California.
EXHIBIT A
GANN LIMIT CALCULATIONS
1979/80
Consumer Price Index = 10.17
10.17 + 100
100 = 1.1017
Population Change = -1.58
-1.58 + 100 - ,9842
100 -
1.1017 X .9842 = 1.0843
1980/81
Per Capita Income= 12.11
12.11 + 100
100 = 1.1211
Population Change = -1.66
-1,66 + 100
100 = .9834
1.1211 X .9834 - 1.1025
1.0843 X 1.1025 = 1.1954
1981/82
Per Capita Income= 9,12
9.12 + 100
100 = 1.0912
Population Change = .68
.68 + 100 = 1.0068
100
1.0068 X 1.0912 = 1.0986
1.0986 X 1.1954 = 1.313
1978/79 Base Year Appropriation = $12,431,432
$12,431,432 X 1,313 = $16,322,470 (1981/82 Gann Limit)
-2-
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES )
CITY OF EL SEGUNDO )
SS
I, VALERIE A. BURROWES
City Clerk of the
City of El Segundo, California, DO HEREBY CERTIFY that the
whole number of members of the City Council of the said City is
five, that the foregoing resolution, being Resolution No. 3072
was duly passed and adopted by the said City Council, approved
and signed by the Mayor of said City, and attested by the City
Clerk of said City, all at a regular meeting of the said Council
held on the 16th day of June '19 81
and that the same was so passed and. adopted by the following vote:
AYES: Councilmen Armstrong, Johnson, Siadek,
and Mayor Van Vranken, Bue
NOES: Councilmen nnna
ABSENT: Councilmen none
WITNESS MY HAND AND THE OFFICIAL SEAL OF SAID
CITY this 24th day of June 19 81
4
City Clerk of the City of El Segundo,
California
( SEA L)
i :�4�;-,